Filed November 9, 2020
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
ASPERIA INC2 years Service code 13 546 MAIN ST SUITE 101 · WORCESTER, MA 01608 | Contract Administrator | $1,040 |
Filed as: GREAT-WEST LIFE & ANNUITY CO Service code 64 8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $250 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $17,298 | $58,577-70.5% | $83,323-79.2% | $64,181-73.0% |
| Participation rate | 52.0% | 72.0%-20.0pp | 77.8%-25.7pp | 69.6%-17.5pp |
| Annual return | -9.15% | 9.65%-18.8pp | 10.63%-19.8pp | 7.63%-16.8pp |
| Employer contribution / active EE | $1,860 | $2,098-11.3% | $3,379-44.9% | $2,381-21.9% |
| Participant deferral / active EE | $2,227 | $4,654-52.2% | $5,565-60.0% | $3,470-35.8% |
| Admin fee / account holder | $0 | $9,275-100.0% | $7,539-100.0% | $4,887-100.0% |