Filed October 17, 2023 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.7 years Service code 13 · EIN 27-2037969 | Contract Administrator | $8,076 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $970 |
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 | $86,613 | $91,474-5.3% | $135,982-36.3% | $71,529+21.1% |
| Participation rate | 98.8% | 75.7%+23.1pp | 81.9%+16.9pp | 67.9%+30.9pp |
| Annual return | 21.66% | 29.89%-8.2pp | 68.32%-46.7pp | 28.97%-7.3pp |
| Employer contribution / active EE | $4,993 | $3,705+34.7% | $4,859+2.8% | $2,590+92.8% |
| Participant deferral / active EE | $7,981 | $7,095+12.5% | $7,760+2.9% | $4,291+86.0% |
| Admin fee / account holder | $33 | $1,267-97.4% | $10,767-99.7% | $1,588-97.9% |