Filed July 5, 2022 (most recent of 8 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: COMMONWEALTH EQUITY SERVICES LLC DB Service code 27 275 WYMAN ST STE 400 · WALTHAM, MA 02451 | Advisory (Plan) | $24,579 |
Service code 27 120 VANTIS DR STE 330 · ALISO VIEJO, CA 92656 | Advisory (Plan) | $18,769 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $7,998 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $0 |
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 | $148,867 | $132,049+12.7% | $200,582-25.8% | $74,304+100.3% |
| Participation rate | 98.1% | 84.1%+14.0pp | 86.9%+11.2pp | 60.3%+37.7pp |
| Annual return | 13.77% | 22.22%-8.4pp | 42.33%-28.6pp | 29.43%-15.7pp |
| Employer contribution / active EE | $6,368 | $4,558+39.7% | $6,419-0.8% | $2,241+184.1% |
| Participant deferral / active EE | $6,904 | $7,213-4.3% | $9,331-26.0% | $3,767+83.3% |
| Admin fee / account holder | $378 | $2,405-84.3% | $16,305-97.7% | $2,969-87.3% |