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| Provider | Service type | Compensation |
|---|---|---|
SUMMIT FINANCIAL CORPORATION3 years Filed as: SUMMIT FINANCIAL LLC Service code 27 4 CAMPUS DRIVE · PARSIPPANY, NJ 07054 | Advisory (Plan) | $61,070 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $2,341 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $113 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $92,260 | $72,620+27.0% | $90,756+1.7% | $66,930+37.8% |
| Participation rate | 98.4% | 73.7%+24.7pp | 75.7%+22.7pp | 69.8%+28.6pp |
| Annual return | -16.53% | -12.28%-4.2pp | -12.16%-4.4pp | 1.57%-18.1pp |
| Employer contribution / active EE | $2,556 | $2,369+7.9% | $2,922-12.5% | $2,545+0.4% |
| Participant deferral / active EE | $7,925 | $3,979+99.2% | $4,565+73.6% | $4,238+87.0% |
| Admin fee / account holder | $14 | $707-98.0% | $8,445-99.8% | $593-97.6% |