Filed January 10, 2024
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 6-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 |
|---|---|---|
CLARK NUBER2 years Filed as: CLARK NUBER PS Service code 10 10900 NE 4TH ST STE 1400 · BELLEVUE, WA 98004 | Accounting | $25,266 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $20,289 |
WELLS FARGO BANK, N.A.5+ years Filed as: WELLS FARGO ADVISORS LLC Service code 27 401 S TRYON ST 11TH FL D1050-111 · CHARLOTTE, NC 28081 | Advisory (Plan) | $6,797 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $24 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $71,399 | $89,248-20.0% | $136,007-47.5% | $74,495-4.2% |
| Participation rate | 30.3% | 69.4%-39.1pp | 76.5%-46.2pp | 67.2%-36.9pp |
| Annual return | 13.32% | 22.76%-9.4pp | 579.32%-566.0pp | 1364.94%-1351.6pp |
| Employer contribution / active EE | $1,549 | $2,838-45.4% | $4,217-63.3% | $2,623-40.9% |
| Participant deferral / active EE | $3,182 | $4,598-30.8% | $7,025-54.7% | $4,346-26.8% |
| Admin fee / account holder | $247 | $1,545-84.0% | $6,858-96.4% | $1,942-87.3% |