Filed November 17, 2017
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 Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $135,243 |
Service code 13 PO BOX 9023794 · SAN JUAN, PR 009023794 | Contract Administrator | $63,190 |
OSAIC WEALTH INC1 year Service code 55 10 EXCHANGE PLACE STE 1410 · JERSEY CITY, NJ 07302 | Other Commissions | $56,000 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $1,320 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $20,148 | $50,127-59.8% | $149,673-86.5% | $80,160-74.9% |
| Participation rate | 59.9% | 64.3%-4.4pp | 78.8%-18.9pp | 72.9%-13.1pp |
| Annual return | 13.46% | 29.82%-16.4pp | 134.42%-121.0pp | 40.38%-26.9pp |
| Employer contribution / active EE | $498 | $1,865-73.3% | $4,818-89.7% | $2,978-83.3% |
| Participant deferral / active EE | $1,171 | $3,194-63.3% | $5,680-79.4% | $5,017-76.7% |
| Admin fee / account holder | $103 | $153-32.7% | $13,210-99.2% | $145-29.1% |