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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 15 · EIN 84-0467907 | Recordkeeping | $101,343 |
MICHAEL ROSEN & COMPANY7 years Service code 10 261 OLD YORK RD STE 511 · JENKINTOWN, PA 19046 | Accounting | $29,490 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $97,173 | $71,534+35.8% | $98,462-1.3% | $71,529+35.9% |
| Participation rate | 92.4% | 72.7%+19.7pp | 75.2%+17.3pp | 67.9%+24.5pp |
| Annual return | 13.50% | 32.44%-18.9pp | 21.17%-7.7pp | 28.97%-15.5pp |
| Employer contribution / active EE | $1,959 | $2,399-18.4% | $3,049-35.8% | $2,590-24.4% |
| Participant deferral / active EE | $6,492 | $4,109+58.0% | $4,738+37.0% | $4,291+51.3% |
| Admin fee / account holder | $618 | $1,677-63.1% | $8,875-93.0% | $1,588-61.1% |