Filed February 15, 2023 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
FINANCIAL ENGINES1 year Filed as: EDELMAN FINANCIAL ENGINES, LLC Service code 13 · EIN 94-3250323 | Contract Administrator | $108,899 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $260 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $54,804 | $43,749+25.3% | $158,223-65.4% | $65,306-16.1% |
| Participation rate | 83.8% | 56.9%+27.0pp | 79.2%+4.6pp | 57.7%+26.2pp |
| Annual return | 12.17% | 19.41%-7.2pp | 52.09%-39.9pp | 21.94%-9.8pp |
| Employer contribution / active EE | $1,907 | $1,497+27.3% | $4,109-53.6% | $1,967-3.1% |
| Participant deferral / active EE | $5,012 | $2,019+148.2% | $5,467-8.3% | $2,959+69.3% |
| Admin fee / account holder | $318 | $1,930-83.5% | $16,047-98.0% | $3,480-90.9% |