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| Provider | Service type | Compensation |
|---|---|---|
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $13,240 |
Service code 99 3030 N ROCKY POINT DR W STE 700 · TAMPA, FL 33607 | Other Fees | $8,739 |
Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $571 |
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.
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 | $21,005 | $55,453-62.1% | $170,435-87.7% | $62,293-66.3% |
| Participation rate | 49.3% | 66.4%-17.1pp | 83.6%-34.3pp | 69.5%-20.2pp |
| Annual return | 15.65% | 21.38%-5.7pp | 205.94%-190.3pp | 28.90%-13.2pp |
| Employer contribution / active EE | $245 | $2,164-88.7% | $5,432-95.5% | $2,042-88.0% |
| Participant deferral / active EE | $1,346 | $2,303-41.6% | $4,939-72.8% | $3,169-57.5% |
| Admin fee / account holder | $237 | $455-47.8% | $13,881-98.3% | $479-50.5% |