| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 15 · EIN 06-1050034 | Recordkeeping | $133,752 |
MORGAN STANLEY SMITH BARNEY4 years Filed as: MORGAN, LEWIS & BOCKIUS LLP Service code 29 · EIN 23-0891050 | Legal | $40,187 |
BDO USA, LLP1 year Filed as: BDO USA, P.C. Service code 10 · EIN 13-5381590 | Accounting | $29,955 |
Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.
| Category | Counterparty | Relationship / Terms | Address | Amount |
|---|---|---|---|---|
| Part 3 Non-exempt transaction | MORGAN LEWIS | LEGAL COUNCIL UNALLOWABLE EXPENSE INVOICE PAID THROUGH THE PLAN | — | $12K |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $194,482 | $126,111+54.2% | $142,562+36.4% | $80,187+142.5% |
| Participation rate | 97.7% | 87.5%+10.2pp | 76.8%+21.0pp | 72.9%+24.8pp |
| Annual return | 19.82% | 23.39%-3.6pp | 20.13%-0.3pp | 40.40%-20.6pp |
| Employer contribution / active EE | $13,255 | $6,430+106.1% | $4,841+173.8% | $2,980+344.8% |
| Participant deferral / active EE | $8,825 | $7,822+12.8% | $6,280+40.5% | $5,016+75.9% |
| Admin fee / account holder | $65 | $92-30.1% | $10,012-99.4% | $145-55.5% |