Filed January 4, 2021
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 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $234,961 |
Filed as: ALLIANT INSURANCE SERVICES INC DBA Service code 27 101 PARK AVE 14TH FL · NEW YORK, NY 10178 | Advisory (Plan) | $90,000 |
Filed as: CBIZ OPERATIONS INC DBA CBIZ MHM LL Service code 10 1065 AVENUE OF AMERICAS · NEW YORK, NY 10018 | Accounting | $27,300 |
Filed as: ADVISED ASSETS GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $20,652 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $74,922 | $117,148-36.0% | $67,502+11.0% | $99,062-24.4% |
| Participation rate | 71.4% | 72.7%-1.3pp | 72.9%-1.5pp | 71.6%-0.2pp |
| Annual return | 12.58% | 14.15%-1.6pp | 3512.12%-3499.5pp | 17.66%-5.1pp |
| Employer contribution / active EE | $1,044 | $4,623-77.4% | $2,731-61.8% | $3,262-68.0% |
| Participant deferral / active EE | $4,206 | $4,782-12.1% | $4,000+5.1% | $5,331-21.1% |
| Admin fee / account holder | $59 | $50+17.4% | $3,998-98.5% | $109-46.1% |