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 8-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 INS CO OF AMERICA Service code 64 · EIN 84-0467907 8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $35,171 |
Filed as: EMPOWER ADVISORY GROUP LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $12,793 |
GREAT LAKES ADVISORS, LLC8+ years Filed as: GREAT LAKES PENSION SERVICES INC Service code 13 · EIN 34-1343917 3361 EXECUTIVE PARKWAY, SUITE 301 · TOLEDO, OH 43606 | Contract Administrator | $3,190 |
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.
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 | $36,243 | $88,890-59.2% | $102,423-64.6% | $77,643-53.3% |
| Participation rate | 30.3% | 80.9%-50.6pp | 76.5%-46.2pp | 70.6%-40.3pp |
| Annual return | 11.57% | 24.98%-13.4pp | 29.32%-17.8pp | 31.24%-19.7pp |
| Employer contribution / active EE | $0 | $2,698-100.0% | $3,023-100.0% | $2,726-100.0% |
| Participant deferral / active EE | $1,035 | $5,145-79.9% | $5,053-79.5% | $4,647-77.7% |
| Admin fee / account holder | $369 | $235+56.8% | $9,451-96.1% | $430-14.2% |