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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $11,360 |
THE FINWAY GROUP1 year Filed as: THE FINWAY GROUP, LLC Service code 13 5625 MILLS CIVIC PARKWAY · WEST DES MOINES, IA 50266 | Contract Administrator | $5,390 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $9,151 | $55,470-83.5% | $155,556-94.1% | $74,478-87.7% |
| Participation rate | 99.6% | 61.9%+37.7pp | 78.2%+21.4pp | 67.2%+32.4pp |
| Annual return | 30.22% | 269.80%-239.6pp | 64.84%-34.6pp | 1370.56%-1340.3pp |
| Employer contribution / active EE | $1,494 | $2,267-34.1% | $4,675-68.0% | $2,626-43.1% |
| Participant deferral / active EE | $3,418 | $2,838+20.5% | $5,631-39.3% | $4,350-21.4% |
| Admin fee / account holder | $62 | $1,744-96.4% | $15,885-99.6% | $1,946-96.8% |