Filed January 19, 2021
Total covered: 18 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 |
|---|---|---|
Service code 27 24 E COTA ST STE 200 · SANTA BARBARA, CA 93101 | Advisory (Plan) | $20,282 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $12,970 |
Filed as: COTA STREET INVESTMENT MANAGEMENT Service code 28 24 E. COTA STREET · SANTA BARBARA, CA 93101 | Investment Management | $8,122 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,152 | $50,458-36.3% | $159,960-79.9% | $64,808-50.4% |
| Participation rate | 37.3% | 68.0%-30.7pp | 78.0%-40.6pp | 71.5%-34.2pp |
| Annual return | -16.44% | -13.42%-3.0pp | 408.60%-425.0pp | 32.82%-49.3pp |
| Employer contribution / active EE | $685 | $1,722-60.2% | $4,226-83.8% | $2,506-72.7% |
| Participant deferral / active EE | $1,208 | $4,004-69.8% | $6,182-80.5% | $4,310-72.0% |
| Admin fee / account holder | $336 | $706-52.4% | $8,698-96.1% | $188+79.1% |