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 | $28,127 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $15,606 |
Filed as: COTA STREET INVESTMENT MANAGEMENT Service code 28 24 E. COTA STREET · SANTA BARBARA, CA 93101 | Investment Management | $11,184 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $50,154 | $71,964-30.3% | $167,512-70.1% | $85,563-41.4% |
| Participation rate | 30.8% | 61.0%-30.2pp | 77.1%-46.3pp | 66.0%-35.2pp |
| Annual return | 16.17% | 18.83%-2.7pp | 1615.79%-1599.6pp | 31.51%-15.3pp |
| Employer contribution / active EE | $645 | $1,875-65.6% | $3,882-83.4% | $2,654-75.7% |
| Participant deferral / active EE | $1,399 | $4,110-66.0% | $6,405-78.2% | $4,375-68.0% |
| Admin fee / account holder | $478 | $815-41.4% | $9,769-95.1% | $834-42.8% |