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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 | $171,322 |
Service code 13 P.O. BOX 735399 · DALLAS, TX 75373 | Contract Administrator | $48,000 |
COHNREZNICK LLP1 year Service code 99 ONE BOSTON PL · BOSTON, MA 02108 | Other Fees | $22,050 |
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 | $135,327 | $106,230+27.4% | $147,080-8.0% | $77,736+74.1% |
| Participation rate | 100.0% | 78.4%+21.6pp | 82.2%+17.8pp | 70.6%+29.4pp |
| Annual return | 17.55% | 56.91%-39.4pp | 420.17%-402.6pp | 31.26%-13.7pp |
| Employer contribution / active EE | $14,357 | $4,072+252.5% | $4,933+191.0% | $2,728+426.3% |
| Participant deferral / active EE | $15,202 | $8,001+90.0% | $8,066+88.5% | $4,651+226.9% |
| Admin fee / account holder | $308 | $338-9.1% | $12,989-97.6% | $433-29.0% |