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 3-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 27 24 E. COTA ST · SANTA BARBARA, CA 93101 | Advisory (Plan) | $45,952 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $25,359 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EASE ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $8,890 |
NOVA 401(K) ASSOCIATES2+ years Service code 13 10777 NORTHWEST FREEWAY · HOUSTON, TX 77092 | Contract Administrator | $8,510 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $27,040 | $82,917-67.4% | $103,333-73.8% | $77,643-65.2% |
| Participation rate | 64.6% | 71.6%-6.9pp | 74.5%-9.9pp | 70.6%-6.0pp |
| Annual return | -0.41% | 19.13%-19.5pp | 24.88%-25.3pp | 31.24%-31.7pp |
| Employer contribution / active EE | $1,598 | $3,552-55.0% | $3,868-58.7% | $2,726-41.4% |
| Participant deferral / active EE | $3,120 | $4,108-24.1% | $5,057-38.3% | $4,647-32.9% |
| Admin fee / account holder | $127 | $638-80.1% | $8,355-98.5% | $430-70.4% |