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 | Advisory (Participants) | $86,146 |
MMA SECURITIES LLC2 years Service code 27 PO BOX 9497 · NEW YORK, NY 10087 | Advisory (Plan) | $45,305 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 15 · EIN 84-0467907 | Recordkeeping | $18,485 |
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.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $249,321 | $66,457+275.2% | $81,382+206.4% | $77,643+221.1% |
| Participation rate | 92.7% | 68.7%+23.9pp | 69.5%+23.2pp | 70.6%+22.1pp |
| Annual return | 18.12% | 15.93%+2.2pp | 24.73%-6.6pp | 31.24%-13.1pp |
| Employer contribution / active EE | $148 | $2,159-93.1% | $2,463-94.0% | $2,726-94.6% |
| Participant deferral / active EE | $3,997 | $3,679+8.6% | $3,883+2.9% | $4,647-14.0% |
| Admin fee / account holder | $367 | $583-37.1% | $5,768-93.6% | $430-14.8% |