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 | $402,002 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 26 · EIN 84-1532243 | Advisory (Participants) | $90,544 |
FIDUCIENT ADVISORS LLC1 year Service code 50 500 QWEST MADISON STREET · CHICAGO, IL 60661 | Direct Payment | $72,734 |
WITHUMSMITH+BROWN, PC1 year Filed as: BROWN & BROWN INSURANCE OF NEVADA I Service code 50 PO BOX 743171 · LOS ANGELES, CA 900743171 | Direct Payment | $5,369 |
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 | $100,368 | $106,087-5.4% | $86,717+15.7% | $78,104+28.5% |
| Participation rate | 96.9% | 89.6%+7.4pp | 76.6%+20.3pp | 74.5%+22.4pp |
| Annual return | -15.23% | -14.87%-0.4pp | 35.97%-51.2pp | 10.90%-26.1pp |
| Employer contribution / active EE | $3,909 | $4,110-4.9% | $2,837+37.8% | $3,128+25.0% |
| Participant deferral / active EE | $7,431 | $6,851+8.5% | $4,657+59.6% | $5,089+46.0% |
| Admin fee / account holder | $69 | $81-15.3% | $7,494-99.1% | $79-12.9% |