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 | $32,473 |
PROSPERA FINANCIAL SERVICES10+ years Filed as: PROSPERA FINANCIAL Service code 27 · EIN 75-1832551 | Advisory (Plan) | $26,686 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $6,216 |
ARMANINO LLP5 years Filed as: ARMANINO, LLP Service code 17 · EIN 94-6214841 | Pension Consulting | $3,466 |
Filed as: EMPOWER FINANCIAL SERVICES INC Service code 59 8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Shareholder Servicing | $30 |
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 | $35,025 | $106,028-67.0% | $146,958-76.2% | $77,643-54.9% |
| Participation rate | 91.5% | 78.4%+13.2pp | 82.2%+9.4pp | 70.6%+21.0pp |
| Annual return | 15.96% | 56.73%-40.8pp | 418.34%-402.4pp | 31.24%-15.3pp |
| Employer contribution / active EE | $339 | $4,063-91.7% | $4,933-93.1% | $2,726-87.6% |
| Participant deferral / active EE | $5,488 | $7,990-31.3% | $8,070-32.0% | $4,647+18.1% |
| Admin fee / account holder | $176 | $337-47.9% | $12,998-98.6% | $430-59.2% |