Filed November 5, 2018 (most recent of 3 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
TIAA9+ years Service code 15 · EIN 13-1624203 | Recordkeeping | $525,018 |
WISS & COMPANY, LLP5 years Filed as: WISS AND COMPANY, LLC Service code 10 · EIN 22-1732349 | Accounting | $140,000 |
CAPFINANCIAL PARTNERS LLC2 years Filed as: CAPFINANCIAL PARTNERS, LLC Service code 27 · EIN 26-0058143 | Advisory (Plan) | $130,910 |
PROSKAUER ROSE LLP4 years Service code 29 · EIN 13-1840454 | Legal | $63,760 |
Service code 12 · EIN 13-3689044 | Participant loan processing; Finders'... | $7,762 |
Filed as: EMPOWER LIFE & ANNUITY INSURANCE Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $143,509 | $68,330+110.0% | $149,740-4.2% | $96,393+48.9% |
| Participation rate | 67.4% | 74.6%-7.2pp | 78.8%-11.4pp | 71.3%-3.8pp |
| Annual return | 15.77% | 29.64%-13.9pp | 134.51%-118.7pp | 22.88%-7.1pp |
| Employer contribution / active EE | $2,867 | $2,139+34.0% | $4,821-40.5% | $3,239-11.5% |
| Participant deferral / active EE | $5,365 | $4,422+21.3% | $5,683-5.6% | $5,455-1.6% |
| Admin fee / account holder | $15 | $52-71.8% | $13,222-99.9% | $74-80.2% |