Filed January 16, 2024
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 |
|---|---|---|
Service code 27 PO BOX 735399 · DALLAS, TX 753735399 | Advisory (Plan) | $52,703 |
BAKER TILLY US, LLP5 years Service code 10 · EIN 30-1413443 | Accounting | $14,000 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $3,825 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $107,710 | $107,218+0.5% | $115,768-7.0% | $79,634+35.3% |
| Participation rate | 61.4% | 76.8%-15.4pp | 74.4%-13.0pp | 62.5%-1.1pp |
| Annual return | 13.44% | 15.41%-2.0pp | 100.46%-87.0pp | 36.46%-23.0pp |
| Employer contribution / active EE | $7 | $3,627-99.8% | $2,940-99.7% | $2,529-99.7% |
| Participant deferral / active EE | $3,949 | $5,091-22.4% | $4,917-19.7% | $3,835+3.0% |
| Admin fee / account holder | $270 | $576-53.1% | $12,439-97.8% | $1,002-73.0% |