Filed April 1, 2022
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER LIFE & ANNUITY INSURANCE CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $193,273 |
Service code 27 114 BUSINESS PARK DR · UTICA, NY 13502 | Advisory (Plan) | $167,037 |
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 | $72,729 | $130,141-44.1% | $86,677-16.1% | $77,904-6.6% |
| Participation rate | 96.4% | 85.9%+10.4pp | 76.6%+19.8pp | 73.7%+22.7pp |
| Annual return | -11.57% | -12.75%+1.2pp | 35.91%-47.5pp | 12.21%-23.8pp |
| Employer contribution / active EE | $2,700 | $3,220-16.1% | $2,836-4.8% | $2,848-5.2% |
| Participant deferral / active EE | $5,243 | $5,757-8.9% | $4,656+12.6% | $4,806+9.1% |
| Admin fee / account holder | $273 | $132+107.0% | $7,493-96.4% | $133+105.8% |