Filed February 18, 2024
Total covered: 14 employees
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 | $26,408 |
PROSPERA FINANCIAL SERVICES9+ years Filed as: PROSPERA FINANCIAL Service code 27 · EIN 75-1832551 | Advisory (Plan) | $21,018 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $5,062 |
ARMANINO LLP4 years Filed as: ARMANINO, LLP Service code 17 · EIN 94-6214841 | Pension Consulting | $2,825 |
Filed as: GWFS EQUITIES INC Service code 59 8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Shareholder Servicing | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,479 | $95,274-69.1% | $135,903-78.3% | $74,419-60.4% |
| Participation rate | 85.9% | 78.2%+7.7pp | 81.9%+4.0pp | 70.7%+15.1pp |
| Annual return | 21.25% | 32.77%-11.5pp | 68.23%-47.0pp | 34.38%-13.1pp |
| Employer contribution / active EE | $862 | $3,874-77.7% | $4,856-82.2% | $2,637-67.3% |
| Participant deferral / active EE | $4,243 | $7,782-45.5% | $7,758-45.3% | $4,528-6.3% |
| Admin fee / account holder | $148 | $266-44.2% | $10,762-98.6% | $348-57.3% |