Filed June 26, 2023 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: COMMONWEALTH EQUITY SERVICES LLC DB Service code 27 29 SAWYER RD · WALTHAM, MA 024533483 | Advisory (Plan) | $48,372 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $46,729 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,716 | $47,126-30.6% | $149,673-78.1% | $74,419-56.0% |
| Participation rate | 97.5% | 63.4%+34.1pp | 78.8%+18.8pp | 70.7%+26.8pp |
| Annual return | 17.98% | 22.75%-4.8pp | 134.42%-116.4pp | 34.38%-16.4pp |
| Employer contribution / active EE | $3,000 | $1,905+57.5% | $4,818-37.7% | $2,637+13.8% |
| Participant deferral / active EE | $3,947 | $2,728+44.7% | $5,680-30.5% | $4,528-12.8% |
| Admin fee / account holder | $154 | $343-55.2% | $13,210-98.8% | $348-55.9% |