Filed September 9, 2024
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 Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $53,058 |
NFP RETIREMENT INC1 year Service code 27 120 VANTIS STE 400 · ALISO VIEJO, CA 92656 | Advisory (Plan) | $40,105 |
Service code 13 16703 EARLY RISER AVE STE 210 · LAND O LAKES, FL 34638 | Contract Administrator | $21,408 |
Filed as: DUGGAN, JOINER AND COMPANY, CPAS Service code 10 · EIN 59-1349759 | Accounting | $15,500 |
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 | $24,625 | $82,917-70.3% | $103,333-76.2% | $77,643-68.3% |
| Participation rate | 84.1% | 71.6%+12.5pp | 74.5%+9.5pp | 70.6%+13.5pp |
| Annual return | 12.77% | 19.13%-6.4pp | 24.88%-12.1pp | 31.24%-18.5pp |
| Employer contribution / active EE | $474 | $3,552-86.7% | $3,868-87.7% | $2,726-82.6% |
| Participant deferral / active EE | $2,588 | $4,108-37.0% | $5,057-48.8% | $4,647-44.3% |
| Admin fee / account holder | $186 | $638-70.9% | $8,355-97.8% | $430-56.9% |