Filed April 4, 2022 (most recent of 2 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 O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $116,177 |
Filed as: PROVENANCE WEALTH ADVISORS LLC Service code 27 200 S BISCAYNE BLVD · MIAMI, FL 331312310 | Advisory (Plan) | $61,541 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $48,016 | $84,993-43.5% | $129,995-63.1% | $80,160-40.1% |
| Participation rate | 93.1% | 79.5%+13.6pp | 78.5%+14.6pp | 72.9%+20.2pp |
| Annual return | 16.41% | 23.76%-7.4pp | -137.18%+153.6pp | 40.38%-24.0pp |
| Employer contribution / active EE | $1,556 | $3,051-49.0% | $4,320-64.0% | $2,978-47.8% |
| Participant deferral / active EE | $4,120 | $4,984-17.3% | $5,820-29.2% | $5,017-17.9% |
| Admin fee / account holder | $135 | $391-65.5% | $10,614-98.7% | $145-6.9% |