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) | $57,914 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $37,931 |
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 | $128,963 | $88,634+45.5% | $101,326+27.3% | $74,304+73.6% |
| Participation rate | 94.9% | 76.9%+18.1pp | 81.5%+13.4pp | 60.3%+34.6pp |
| Annual return | 14.68% | 33.10%-18.4pp | 36.82%-22.1pp | 29.43%-14.7pp |
| Employer contribution / active EE | $3,409 | $2,930+16.3% | $3,665-7.0% | $2,241+52.1% |
| Participant deferral / active EE | $5,698 | $7,322-22.2% | $7,994-28.7% | $3,767+51.2% |
| Admin fee / account holder | $489 | $2,425-79.8% | $11,185-95.6% | $2,969-83.5% |