Filed November 28, 2022
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $104,280 |
UBS FINANCIAL SERVICES INC5 years Filed as: UBS FINANCIAL SERVICES INC. Service code 27 PO BOX 198928 · NASHVILLE, TN 37238 | Advisory (Plan) | $33,294 |
Filed as: BLUE RIDGE ESOP ASSOCIATES Service code 13 154 HANSEN RD STE 102 · CHARLOTTESVILE, VA 22911 | Contract Administrator | $31,506 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $13,109 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $17,203 | $103,641-83.4% | $107,525-84.0% | $102,872-83.3% |
| Participation rate | 90.3% | 79.4%+10.9pp | 75.1%+15.2pp | 73.0%+17.3pp |
| Annual return | 15.73% | 13.08%+2.6pp | 181.32%-165.6pp | 19.06%-3.3pp |
| Employer contribution / active EE | $764 | $5,096-85.0% | $3,754-79.6% | $3,526-78.3% |
| Participant deferral / active EE | $2,446 | $3,789-35.4% | $5,116-52.2% | $5,535-55.8% |
| Admin fee / account holder | $133 | $276-51.7% | $8,919-98.5% | $292-54.4% |