Filed May 23, 2014 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 · GREEENWOOD, CO 80111 | Recordkeeping Fees | $88,549 |
Filed as: ARGENT RETIREMENT PLAN ADVISORS Service code 27 621 N ROBINSON STE 100 · OKLAHOMA CITY, OK 73102 | Advisory (Plan) | $30,000 |
COASTAL PENSION SERVICES1 year Service code 13 7230 LEE DEFOREST DR. STE 102 · COLUMBIA, MD 21046 | Contract Administrator | $26,633 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $11,071 |
HANNIS T. BOURGEOIS, LLP10+ years Service code 10 2322 TREMONT DR STE 220 · BATON ROUGE, LA 70809 | Accounting | $10,401 |
CROWE LLP7 years Service code 99 320 E JEFFERSON BLVD · SOUTH BEND, IN 46601 | Other Fees | -$7,850 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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).
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 | $35,693 | $82,917-57.0% | $103,333-65.5% | $77,643-54.0% |
| Participation rate | 61.2% | 71.6%-10.4pp | 74.5%-13.3pp | 70.6%-9.4pp |
| Annual return | 7.30% | 19.13%-11.8pp | 24.88%-17.6pp | 31.24%-23.9pp |
| Employer contribution / active EE | $1 | $3,552-100.0% | $3,868-100.0% | $2,726-99.9% |
| Participant deferral / active EE | $2,760 | $4,108-32.8% | $5,057-45.4% | $4,647-40.6% |
| Admin fee / account holder | $208 | $638-67.4% | $8,355-97.5% | $430-51.6% |