Filed October 4, 2021
Total covered: 0 employees
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 4-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 15 · EIN 84-0467907 | Recordkeeping | $195,051 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 26 · EIN 84-1532243 | Advisory (Participants) | $55,107 |
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 | $38,861 | $130,141-70.1% | $86,677-55.2% | $77,904-50.1% |
| Participation rate | 98.5% | 85.9%+12.6pp | 76.6%+21.9pp | 73.7%+24.8pp |
| Annual return | -11.59% | -12.75%+1.2pp | 35.91%-47.5pp | 12.21%-23.8pp |
| Employer contribution / active EE | $6,123 | $3,220+90.2% | $2,836+115.9% | $2,848+115.0% |
| Participant deferral / active EE | $6,353 | $5,757+10.3% | $4,656+36.5% | $4,806+32.2% |
| Admin fee / account holder | $93 | $132-29.4% | $7,493-98.8% | $133-29.8% |