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 | $175,667 |
Service code 13 PO BOX 9023794 · SAN JUAN, PR 009023794 | Contract Administrator | $71,548 |
OSAIC WEALTH INC2 years Service code 55 10 EXCHANGE PLACE STE 1410 · JERSEY CITY, NJ 07302 | Other Commissions | $64,943 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $1,897 |
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 | $20,823 | $53,136-60.8% | $155,509-86.6% | $199,593-89.6% |
| Participation rate | 56.3% | 64.1%-7.7pp | 78.2%-21.8pp | 72.0%-15.6pp |
| Annual return | 10.07% | 41.15%-31.1pp | 64.67%-54.6pp | 34.25%-24.2pp |
| Employer contribution / active EE | $498 | $1,851-73.1% | $4,672-89.4% | $3,034-83.6% |
| Participant deferral / active EE | $1,126 | $3,161-64.4% | $5,626-80.0% | $5,087-77.9% |
| Admin fee / account holder | $120 | $185-35.5% | $15,912-99.2% | $269-55.5% |