Filed September 5, 2024
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-3689044 | Recordkeeping | $33,726 |
RBC WEALTH MANAGEMENT1 year Filed as: RBC CAPITAL MARKETS LLC Service code 22 · EIN 41-1416330 | Insurance Broker | $21,436 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 50 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Direct Payment | $1,655 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $63,892 | $89,435-28.6% | $164,975-61.3% | $77,714-17.8% |
| Participation rate | 37.6% | 78.6%-41.0pp | 78.6%-41.0pp | 70.6%-33.0pp |
| Annual return | 17.83% | 28.82%-11.0pp | 70.12%-52.3pp | 31.26%-13.4pp |
| Employer contribution / active EE | $332 | $2,563-87.0% | $4,343-92.3% | $2,727-87.8% |
| Participant deferral / active EE | $1,548 | $4,901-68.4% | $6,033-74.3% | $4,649-66.7% |
| Admin fee / account holder | $133 | $340-60.9% | $12,688-99.0% | $433-69.3% |