Filed May 28, 2019
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 | $93,269 |
MMLIS2 years Service code 55 | Other Commissions | $49,705 |
Filed as: EMPOWER ADVISORY GROUP LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $2,763 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 55 · EIN 04-1590850 1295 STATE ST · SPRINGFIELD, MA 011110001 | Other Commissions | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $109,780 | $101,317+8.4% | $146,958-25.3% | $74,495+47.4% |
| Participation rate | 91.2% | 75.5%+15.7pp | 82.2%+9.0pp | 67.2%+24.0pp |
| Annual return | 18.39% | 8730.91%-8712.5pp | 418.34%-400.0pp | 1364.94%-1346.6pp |
| Employer contribution / active EE | $1,157 | $3,810-69.6% | $4,933-76.5% | $2,623-55.9% |
| Participant deferral / active EE | $12,548 | $7,303+71.8% | $8,070+55.5% | $4,346+188.7% |
| Admin fee / account holder | $409 | $1,739-76.5% | $12,998-96.9% | $1,942-78.9% |