Filed April 9, 2019
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 |
|---|---|---|
Filed as: KESTRA ADVISORY SERVICES LLC Service code 27 5707 SWST PRKWY BLDG 2 · AUSTIN, TX 78735 | Advisory (Plan) | $63,846 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $35,014 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $122,369 | $79,013+54.9% | $100,391+21.9% | $74,495+64.3% |
| Participation rate | 96.2% | 79.5%+16.8pp | 81.5%+14.8pp | 67.2%+29.0pp |
| Annual return | 14.63% | 20.41%-5.8pp | 49.20%-34.6pp | 1364.94%-1350.3pp |
| Employer contribution / active EE | $3,463 | $3,021+14.6% | $3,942-12.1% | $2,623+32.0% |
| Participant deferral / active EE | $5,785 | $7,760-25.5% | $8,082-28.4% | $4,346+33.1% |
| Admin fee / account holder | $512 | $1,320-61.2% | $7,899-93.5% | $1,942-73.6% |