Filed May 19, 2023
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $40,143 |
MMA SECURITIES LLC2 years Service code 55 PO BOX 9497 · NEW YORK, NY 10087 | Other Commissions | $24,360 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $6,259 |
Service code 99 1801 CALIFORNIA STREET · DENVER, CO 80202 | Other Fees | $3,181 |
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 | $50,337 | $72,303-30.4% | $86,698-41.9% | $64,819-22.3% |
| Participation rate | 90.7% | 80.4%+10.3pp | 76.6%+14.1pp | 71.5%+19.3pp |
| Annual return | -11.22% | 392.77%-404.0pp | 35.95%-47.2pp | 32.84%-44.1pp |
| Employer contribution / active EE | $1,299 | $2,393-45.7% | $2,837-54.2% | $2,507-48.2% |
| Participant deferral / active EE | $4,970 | $4,660+6.7% | $4,656+6.7% | $4,311+15.3% |
| Admin fee / account holder | $166 | $174-4.3% | $7,493-97.8% | $188-11.4% |