Filed June 27, 2017
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 ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $93,580 |
MMA SECURITIES LLC3 years Service code 27 PO BOX 9497 · NEW YORK, NY 10087 | Advisory (Plan) | $44,981 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $19,394 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant exceed $250,000 - top-decile high-value plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $263,370 | $65,561+301.7% | $91,541+187.7% | $74,304+254.4% |
| Participation rate | 92.6% | 56.6%+36.0pp | 69.8%+22.8pp | 60.3%+32.2pp |
| Annual return | 9.08% | 17.68%-8.6pp | 20.50%-11.4pp | 29.43%-20.3pp |
| Employer contribution / active EE | $176 | $1,717-89.7% | $2,505-93.0% | $2,241-92.1% |
| Participant deferral / active EE | $5,139 | $2,918+76.1% | $4,008+28.2% | $3,767+36.4% |
| Admin fee / account holder | $430 | $3,333-87.1% | $6,956-93.8% | $2,969-85.5% |