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 26 · EIN 84-1532243 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Advisory (Participants) | $87,246 |
LPL FINANCIAL7 years Service code 27 PO BOX 502533 · SAN DIEGO, CA 92150 | Advisory (Plan) | $33,567 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 15 · EIN 84-0467907 | Recordkeeping | $16,197 |
MMA SECURITIES LLC1 year Service code 27 PO BOX 9497 · NEW YORK, NY 10087 | Advisory (Plan) | $11,654 |
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $212,451 | $69,823+204.3% | $77,163+175.3% | $74,419+185.5% |
| Participation rate | 98.2% | 70.0%+28.2pp | 69.6%+28.7pp | 70.7%+27.5pp |
| Annual return | 9.42% | 19.98%-10.6pp | 37.87%-28.4pp | 34.38%-25.0pp |
| Employer contribution / active EE | $130 | $2,150-93.9% | $2,535-94.9% | $2,637-95.1% |
| Participant deferral / active EE | $4,204 | $3,558+18.2% | $3,833+9.7% | $4,528-7.2% |
| Admin fee / account holder | $335 | $398-15.8% | $5,472-93.9% | $348-3.7% |