Filed November 6, 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 ADVISORY GROUP, LLC Service code 28 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $23,131 |
THE RYDING COMPANY10+ years Service code 13 · EIN 95-3497679 2659 TOWNSGATE ROAD, SUITE 101 · WESTLAKE VILLAGE, CA 91361 | Contract Administrator | $8,725 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $3,142 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant 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 | $64,680 | $241,101-73.2% | $103,333-37.4% | $199,593-67.6% |
| Participation rate | 17.9% | 78.3%-60.3pp | 74.5%-56.6pp | 72.0%-54.0pp |
| Annual return | 22.65% | 17.80%+4.9pp | 24.88%-2.2pp | 34.25%-11.6pp |
| Employer contribution / active EE | $568 | $4,244-86.6% | $3,868-85.3% | $3,034-81.3% |
| Participant deferral / active EE | $1,014 | $3,958-74.4% | $5,057-79.9% | $5,087-80.1% |
| Admin fee / account holder | $101 | $288-64.8% | $8,355-98.8% | $269-62.4% |