Filed October 31, 2023 (most recent of 2 filings on file)
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: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $47,096 |
Service code 27 1400 AMERICAN BLVD BLDG #4 · PENNINGTON, NJ 08534 | Advisory (Plan) | $39,041 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $11,596 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $85,517 | $117,025-26.9% | $91,541-6.6% | $85,563-0.1% |
| Participation rate | 98.9% | 64.2%+34.7pp | 69.8%+29.2pp | 66.0%+33.0pp |
| Annual return | 14.85% | 18.02%-3.2pp | 20.50%-5.7pp | 31.51%-16.7pp |
| Employer contribution / active EE | $3,852 | $2,120+81.7% | $2,505+53.8% | $2,654+45.2% |
| Participant deferral / active EE | $3,792 | $3,446+10.0% | $4,008-5.4% | $4,375-13.3% |
| Admin fee / account holder | $320 | $1,242-74.2% | $6,956-95.4% | $834-61.6% |