Filed March 10, 2015 (most recent of 2 filings on file)
Total covered: 10 employees
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 CO. Service code 64 8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $4,608 |
Filed as: DAVID G LEONARD & ASSOC. INC. Service code 13 · EIN 20-8305664 1237 N FEDERAL HWY · DELRAY BEACH, FL 33483 | Contract Administrator | $3,218 |
Filed as: EMPOWER ADVISORY GROUP Service code 28 8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $44 |
Service code 53 | Insurance Commissions | $0 |
Filed as: AMERIPRISE FINANCIAL SERVICES INC. Service code 55 · EIN 41-0973005 70100 AMERIPRISE FINANCIAL CENTER · MINNEAPOLIS, MN 55474 | Other Commissions | $0 |
Filed as: DAVID G. LEONARD & ASSOCIATES, INC. Service code 13 | Contract Administrator | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,318 | $47,126-67.5% | $149,673-89.8% | $74,419-79.4% |
| Participation rate | 68.1% | 63.4%+4.7pp | 78.8%-10.7pp | 70.7%-2.7pp |
| Annual return | 14.06% | 22.75%-8.7pp | 134.42%-120.4pp | 34.38%-20.3pp |
| Employer contribution / active EE | $438 | $1,905-77.0% | $4,818-90.9% | $2,637-83.4% |
| Participant deferral / active EE | $1,363 | $2,728-50.0% | $5,680-76.0% | $4,528-69.9% |
| Admin fee / account holder | $16 | $343-95.3% | $13,210-99.9% | $348-95.3% |