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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $30,904 |
TRUSTMARK NATIONAL BANK9+ years Service code 25 248 E CAPITOL ST STE 580 · JACKSON, MS 39201 | Directed Trustee | $16,501 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $2,287 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $447 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $23,299 | $47,135-50.6% | $149,717-84.4% | $74,440-68.7% |
| Participation rate | 30.3% | 63.4%-33.1pp | 78.8%-48.4pp | 70.7%-40.4pp |
| Annual return | 9.63% | 22.75%-13.1pp | 134.41%-124.8pp | 34.37%-24.7pp |
| Employer contribution / active EE | $388 | $1,906-79.6% | $4,820-91.9% | $2,638-85.3% |
| Participant deferral / active EE | $984 | $2,728-63.9% | $5,682-82.7% | $4,529-78.3% |
| Admin fee / account holder | $266 | $343-22.4% | $13,213-98.0% | $348-23.5% |