Filed October 27, 2023
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 9-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 O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $68,451 |
Service code 99 4340 REDWOOD HWY · SAN RAFAEL, CA 94903 | Other Fees | $35,128 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $3,407 |
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 | $25,706 | $99,078-74.1% | $96,544-73.4% | $74,419-65.5% |
| Participation rate | 93.3% | 80.7%+12.7pp | 76.0%+17.4pp | 70.7%+22.6pp |
| Annual return | 17.24% | 22.48%-5.2pp | 25.84%-8.6pp | 34.38%-17.1pp |
| Employer contribution / active EE | $1,010 | $2,570-60.7% | $2,965-65.9% | $2,637-61.7% |
| Participant deferral / active EE | $3,098 | $4,933-37.2% | $4,851-36.1% | $4,528-31.6% |
| Admin fee / account holder | $172 | $225-23.4% | $8,252-97.9% | $348-50.6% |