Filed October 9, 2015
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| Provider | Service type | Compensation |
|---|---|---|
MERCER2 years Filed as: MERCER INVESTMENTS, LLC Service code 16 · EIN 30-0282430 | Consulting | $202,787 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $47,630 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $7,421 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $135,657 | $99,168+36.8% | $96,534+40.5% | $74,460+82.2% |
| Participation rate | 98.0% | 80.7%+17.3pp | 76.0%+22.0pp | 70.7%+27.2pp |
| Annual return | 16.55% | 22.40%-5.8pp | 25.88%-9.3pp | 34.38%-17.8pp |
| Employer contribution / active EE | $2,958 | $2,570+15.1% | $2,965-0.3% | $2,638+12.1% |
| Participant deferral / active EE | $8,429 | $4,936+70.8% | $4,851+73.8% | $4,530+86.1% |
| Admin fee / account holder | $371 | $225+65.0% | $8,253-95.5% | $348+6.7% |