Filed November 4, 2016
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 |
|---|---|---|
CHARLES SCHWAB & CO., INC.7 years Filed as: CHARLES SCHWAB & COMPANY, INC. Service code 33 · EIN 94-1737782 | Securities brokerage; Securities brok... | $315,212 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $91,880 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $427,430 | $82,202+420.0% | $125,339+241.0% | $64,808+559.5% |
| Participation rate | 95.2% | 77.9%+17.4pp | 82.4%+12.9pp | 71.5%+23.8pp |
| Annual return | -15.51% | 3.48%-19.0pp | 572.05%-587.6pp | 32.82%-48.3pp |
| Employer contribution / active EE | $17,030 | $3,615+371.0% | $4,814+253.8% | $2,506+579.6% |
| Participant deferral / active EE | $11,679 | $7,175+62.8% | $7,446+56.8% | $4,310+171.0% |
| Admin fee / account holder | $682 | $163+317.7% | $10,010-93.2% | $188+263.1% |