Filed July 12, 2018
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 · EIN 06-1050034 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $612,103 |
LPL FINANCIAL1 year Service code 27 PO BOX 502533 · SAN DIEGO CA, CA 92150 | Advisory (Plan) | $18,000 |
MELTON & MELTON LLP10+ years Service code 10 6002 ROGERDALE STE 200 · HOUSTON, TX 77072 | Accounting | $15,000 |
Filed as: ONE DIGITAL TOPCO LLC DBA Service code 27 RESOURCES INVESTMENT ADV · DALLAS TX, TX 75373 | Advisory (Plan) | $1,500 |
Filed as: EMPOWER FINANCIAL SERVICES, INC. Service code 33 · EIN 84-0965407 8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Other investment fees and expenses; S... | $80 |
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 | $55,316 | $63,356-12.7% | $103,333-46.5% | $106,382-48.0% |
| Participation rate | 86.6% | 84.3%+2.3pp | 74.5%+12.1pp | 69.9%+16.7pp |
| Annual return | 20.03% | 14.77%+5.3pp | 24.88%-4.9pp | 17.37%+2.7pp |
| Employer contribution / active EE | $1,546 | $4,310-64.1% | $3,868-60.0% | $3,364-54.0% |
| Participant deferral / active EE | $3,768 | $3,479+8.3% | $5,057-25.5% | $5,569-32.3% |
| Admin fee / account holder | $32 | $110-71.1% | $8,355-99.6% | $79-59.7% |