Filed December 30, 2015 (most recent of 4 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 Service code 13 · EIN 06-1050034 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Contract Administrator | $245,831 |
KCOE ISOM, LLP1 year Filed as: KCOE ISOM LLP Service code 10 · EIN 48-0567703 PO BOX 875125 · KANSAS CITY, MO 64187 | Accounting | $32,279 |
WELLS FARGO BANK, N.A.4 years Filed as: WELLS FARGO ADVISORS Service code 27 · EIN 34-1542819 | Advisory (Plan) | $15,874 |
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).
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 | $53,854 | $73,034-26.3% | $77,163-30.2% | $80,160-32.8% |
| Participation rate | 47.3% | 78.1%-30.8pp | 69.6%-22.3pp | 72.9%-25.6pp |
| Annual return | 15.66% | 18.56%-2.9pp | 37.87%-22.2pp | 40.38%-24.7pp |
| Employer contribution / active EE | $1,184 | $2,779-57.4% | $2,535-53.3% | $2,978-60.2% |
| Participant deferral / active EE | $2,031 | $4,140-50.9% | $3,833-47.0% | $5,017-59.5% |
| Admin fee / account holder | $175 | $104+68.8% | $5,472-96.8% | $145+20.8% |