Filed April 2, 2024
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $91,802 |
SENECA FOODS CORPORATION2+ years Service code 99 3736 SO. MAIN ST. · MARION, NY 14505 | Other Fees | $10,275 |
Filed as: FIRST GREAT-WEST LIFE & ANNUITY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $375 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,872 | $58,758-47.5% | $69,779-55.8% | $63,975-51.7% |
| Participation rate | 83.3% | 77.5%+5.8pp | 71.8%+11.5pp | 71.1%+12.2pp |
| Annual return | 12.58% | 18.05%-5.5pp | 12.99%-0.4pp | 48.65%-36.1pp |
| Employer contribution / active EE | $770 | $1,973-61.0% | $2,338-67.1% | $2,182-64.7% |
| Participant deferral / active EE | $2,910 | $2,9120% | $2,931-0.7% | $3,356-13.3% |
| Admin fee / account holder | $18 | $71-75.0% | $4,381-99.6% | $70-74.8% |