Filed August 10, 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 15 · EIN 84-0467907 | Recordkeeping | $1,011,479 |
Service code 16 · EIN 34-1820650 | Consulting | $400 |
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 | $26,516 | $67,679-60.8% | $155,509-82.9% | $99,062-73.2% |
| Participation rate | 96.4% | 67.2%+29.2pp | 78.2%+18.2pp | 71.6%+24.8pp |
| Annual return | 13.14% | 16.16%-3.0pp | 64.67%-51.5pp | 17.66%-4.5pp |
| Employer contribution / active EE | $3,564 | $2,268+57.1% | $4,672-23.7% | $3,262+9.3% |
| Participant deferral / active EE | $4,010 | $3,828+4.7% | $5,626-28.7% | $5,331-24.8% |
| Admin fee / account holder | $97 | $94+3.3% | $15,912-99.4% | $109-11.2% |