Filed February 3, 2016
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| Provider | Service type | Compensation |
|---|---|---|
CETERA ADVISOR NETWORKS LLC3 years Service code 55 · EIN 95-3845382 | Other Commissions | $55,561 |
Filed as: EMPOWER LIFE & ANNUITY INSURANCE Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $20,335 |
Filed as: ALLIANT INSURANCE SERVICES, INC. Service code 13 | Contract Administrator | $17,724 |
Filed as: ALLIANT INSURANCE SERVICES INC. Service code 13 · EIN 33-0785439 | Contract Administrator | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return 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 | $31,300 | $52,960-40.9% | $86,640-63.9% | $80,157-61.0% |
| Participation rate | 12.2% | 62.4%-50.2pp | 71.7%-59.5pp | 72.9%-60.7pp |
| Annual return | 14.10% | 24.84%-10.7pp | 592.52%-578.4pp | 40.39%-26.3pp |
| Employer contribution / active EE | $2,440 | $2,138+14.1% | $3,024-19.3% | $2,977-18.0% |
| Participant deferral / active EE | $2,158 | $3,226-33.1% | $4,438-51.4% | $5,015-57.0% |
| Admin fee / account holder | $15 | $113-87.0% | $5,616-99.7% | $145-89.9% |