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 25 24 E COTA ST STE 200 · SANTA BARBARA, CA 93101 | Directed Trustee | $25,411 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $15,052 |
Filed as: COTA STREET INVESTMENT MANAGEMENT Service code 28 24 E. COTA STREET · SANTA BARBARA, CA 93101 | Investment Management | $9,899 |
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.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $48,036 | $73,360-34.5% | $177,989-73.0% | $74,495-35.5% |
| Participation rate | 34.6% | 66.6%-32.0pp | 77.1%-42.5pp | 67.2%-32.6pp |
| Annual return | 11.15% | 17.49%-6.3pp | 294.48%-283.3pp | 1364.94%-1353.8pp |
| Employer contribution / active EE | $750 | $2,216-66.1% | $3,949-81.0% | $2,623-71.4% |
| Participant deferral / active EE | $1,583 | $4,513-64.9% | $6,276-74.8% | $4,346-63.6% |
| Admin fee / account holder | $450 | $1,808-75.1% | $10,363-95.7% | $1,942-76.8% |