Filed December 14, 2020 (most recent of 3 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 64 8515 EAST ORCHARD RAOD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $119,785 |
MARCUM LLP1 year Service code 10 155 S MAIN STREET · PROVIDENCE, RI 02903 | Accounting | $14,420 |
CPS BENEFITS3 years Filed as: CPS EMPLOYER BENEFITS INS SOLUTIONS Service code 27 · EIN 20-8421265 | Advisory (Plan) | $14,017 |
ASCENSUS LLC1 year Filed as: ASCENSUS HOLDINGS INC DBA FUTUREPLA Service code 13 101 W BROADWAY STE 1420 · SAN DIEGO, CA 92101 | Contract Administrator | $10,520 |
ASCENSUS LLC1 year Filed as: ASCENSUS INC Service code 99 | Other Fees | $8,600 |
ASCENSUS LLC1 year Filed as: ASCENSUS Service code 99 1102 CHESTNUT HILLS PARKWAY · FORT WAYNE, IN 46814 | Other Fees | $8,255 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $2,677 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $239,565 | $76,050+215.0% | $96,544+148.1% | $71,457+235.3% |
| Participation rate | 97.0% | 74.4%+22.6pp | 76.0%+21.1pp | 67.9%+29.1pp |
| Annual return | 13.44% | 22.81%-9.4pp | 25.84%-12.4pp | 28.85%-15.4pp |
| Employer contribution / active EE | $10,499 | $2,244+367.8% | $2,965+254.1% | $2,588+305.7% |
| Participant deferral / active EE | $10,609 | $4,215+151.7% | $4,851+118.7% | $4,289+147.4% |
| Admin fee / account holder | $417 | $2,707-84.6% | $8,252-94.9% | $1,587-73.7% |