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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER LIFE & ANNUITY INS CO OF NY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $108,849 |
OSAIC WEALTH INC2 years Filed as: OSAIC WEALTH, INC Service code 55 10 EXCHANGE PLACE STE 1410 · JERSEY CITY, NJ 07302 | Other Commissions | $54,587 |
Service code 13 7000 E GENESEE ST · FAYETTEVILLE, NY 13066 | Contract Administrator | $13,241 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $87,121 | $59,456+46.5% | $93,669-7.0% | $74,429+17.1% |
| Participation rate | 100.0% | 59.6%+40.4pp | 68.7%+31.3pp | 67.2%+32.8pp |
| Annual return | 13.27% | 82.00%-68.7pp | 133.59%-120.3pp | 1368.38%-1355.1pp |
| Employer contribution / active EE | $2,887 | $1,266+128.1% | $2,424+19.1% | $2,625+10.0% |
| Participant deferral / active EE | $5,590 | $3,052+83.2% | $4,416+26.6% | $4,348+28.6% |
| Admin fee / account holder | $442 | $3,026-85.4% | $8,291-94.7% | $1,944-77.2% |