Filed October 24, 2014
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 O Service code 15 · EIN 84-0467907 | Recordkeeping | $208,150 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 26 · EIN 84-1532243 | Advisory (Participants) | $144,100 |
Filed as: EMPOWER FINANCIAL SERVICES, INC. Service code 26 · EIN 84-0965407 8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Advisory (Participants) | $15,859 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $126,518 | $130,267-2.9% | $145,661-13.1% | $102,872+23.0% |
| Participation rate | 96.9% | 83.3%+13.6pp | 77.2%+19.7pp | 73.0%+23.9pp |
| Annual return | 41.22% | 17.79%+23.4pp | 101.46%-60.2pp | 19.06%+22.2pp |
| Employer contribution / active EE | $4,088 | $4,061+0.7% | $4,238-3.5% | $3,526+15.9% |
| Participant deferral / active EE | $4,964 | $6,550-24.2% | $7,198-31.0% | $5,535-10.3% |
| Admin fee / account holder | $165 | $396-58.4% | $12,466-98.7% | $292-43.7% |