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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $52,536 |
Filed as: MERRILL LYNCH PIERCE FENNER Service code 27 1400 AMERICAN BLVD BLDG #4 · PENNINGTON, NJ 08534 | Advisory (Plan) | $27,251 |
Service code 13 · EIN 04-2530412 | Contract Administrator | $10,010 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $2,733 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,344 | $51,092-48.4% | $76,735-65.7% | $79,634-66.9% |
| Participation rate | 41.9% | 50.2%-8.3pp | 69.5%-27.6pp | 62.5%-20.6pp |
| Annual return | 15.90% | 18.04%-2.1pp | 29.77%-13.9pp | 36.46%-20.6pp |
| Employer contribution / active EE | $526 | $1,519-65.3% | $2,454-78.5% | $2,529-79.2% |
| Participant deferral / active EE | $1,119 | $2,529-55.8% | $4,088-72.6% | $3,835-70.8% |
| Admin fee / account holder | $280 | $1,865-85.0% | $7,189-96.1% | $1,002-72.0% |