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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $21,686 |
Service code 27 1400 AMERICAN BLVD BLDG #4 · PENNINGTON, NJ 08534 | Advisory (Plan) | $19,687 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $1,834 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $73,802 | $50,199+47.0% | $69,890+5.6% | $66,949+10.2% |
| Participation rate | 62.7% | 66.3%-3.7pp | 70.5%-7.8pp | 69.8%-7.2pp |
| Annual return | -18.27% | -13.85%-4.4pp | 190.84%-209.1pp | 1.57%-19.8pp |
| Employer contribution / active EE | $1,689 | $1,864-9.4% | $2,560-34.0% | $2,545-33.6% |
| Participant deferral / active EE | $3,489 | $3,112+12.1% | $3,848-9.4% | $4,239-17.7% |
| Admin fee / account holder | $376 | $600-37.4% | $6,267-94.0% | $594-36.7% |