Filed July 19, 2022
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 15 · EIN 84-0467907 | Recordkeeping | $411,390 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 26 · EIN 84-1532243 | Advisory (Participants) | $182,202 |
FIDUCIENT ADVISORS LLC3 years Service code 50 500 W MADISON ST STE 1700 · CHICAGO, IL 60661 | Direct Payment | $81,000 |
PRICEWATERHOUSECOOPERS LLP7 years Service code 10 4040 W BOY SCOUT BLVD · TAMPA, FL 33607 | Accounting | $46,105 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $134,139 | $159,391-15.8% | $102,460+30.9% | $99,313+35.1% |
| Participation rate | 96.8% | 88.6%+8.2pp | 76.5%+20.3pp | 71.7%+25.1pp |
| Annual return | 14.05% | 19.03%-5.0pp | 29.47%-15.4pp | 17.67%-3.6pp |
| Employer contribution / active EE | $3,865 | $4,207-8.1% | $3,025+27.8% | $3,264+18.4% |
| Participant deferral / active EE | $8,778 | $7,498+17.1% | $5,056+73.6% | $5,346+64.2% |
| Admin fee / account holder | $99 | $159-37.8% | $9,460-99.0% | $109-9.3% |