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| Provider | Service type | Compensation |
|---|---|---|
RYAN LABS ASSET MANAGEMENT7 years Filed as: RYAN & COSCIA PC Service code 10 256 ESSEX ST · SALEM, MA 01970 | Accounting | $15,950 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $13,873 |
Service code 27 4340 REDWOOD HWY · SAN RAFAEL, CA 94903 | Advisory (Plan) | $9,737 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $3,576 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,270 | $51,207-25.3% | $70,565-45.8% | $71,529-46.5% |
| Participation rate | 59.1% | 59.4%-0.3pp | 68.4%-9.2pp | 67.9%-8.8pp |
| Annual return | 10.61% | 42.71%-32.1pp | 32.79%-22.2pp | 28.97%-18.4pp |
| Employer contribution / active EE | $730 | $1,795-59.3% | $2,976-75.5% | $2,590-71.8% |
| Participant deferral / active EE | $1,798 | $3,033-40.7% | $4,568-60.7% | $4,291-58.1% |
| Admin fee / account holder | $322 | $2,002-83.9% | $6,430-95.0% | $1,588-79.7% |