Filed December 9, 2022
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 7-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 INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $100,575 |
Filed as: ALLIANT INSURANCE SERVICES INC DBA Service code 27 101 PARK AVE 14TH FL · NEW YORK, NY 10178 | Advisory (Plan) | $50,000 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 · EIN 06-1050034 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $6,625 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $70,863 | $112,623-37.1% | $106,213-33.3% | $199,593-64.5% |
| Participation rate | 79.4% | 86.2%-6.8pp | 75.3%+4.1pp | 72.0%+7.4pp |
| Annual return | 13.03% | 15.57%-2.5pp | 116.14%-103.1pp | 34.25%-21.2pp |
| Employer contribution / active EE | $92 | $4,575-98.0% | $3,171-97.1% | $3,034-97.0% |
| Participant deferral / active EE | $3,647 | $6,659-45.2% | $5,016-27.3% | $5,087-28.3% |
| Admin fee / account holder | $70 | $107-34.9% | $11,033-99.4% | $269-74.1% |