Filed November 14, 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 CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $69,532 |
Filed as: COMMONWEALTH EQUITY SVCS LLC Service code 27 29 SAWYER RD · WALTHAM, MA 024533483 | Advisory (Plan) | $18,558 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $7,955 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,728 | $45,000-51.7% | $143,757-84.9% | $77,904-72.1% |
| Participation rate | 29.0% | 66.8%-37.8pp | 80.3%-51.3pp | 73.7%-44.7pp |
| Annual return | -15.29% | 29.03%-44.3pp | -0.04%-15.3pp | 12.21%-27.5pp |
| Employer contribution / active EE | $246 | $1,870-86.9% | $4,951-95.0% | $2,848-91.4% |
| Participant deferral / active EE | $1,458 | $3,157-53.8% | $5,637-74.1% | $4,806-69.7% |
| Admin fee / account holder | $58 | $98-40.7% | $14,673-99.6% | $133-56.0% |