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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $17,416 |
Filed as: SCHAFFNER, KNIGHT, MINNAUGH .00 & C Service code 10 P.C. 1001 STATE STREET SUITE 1300 · ERIE, PA 16501 | Accounting | $13,025 |
DEFINITI LLC3 years Service code 13 2201 TIMBERLOCH PL STE 150 · THE WOODLANDS, TX 80111 | Contract Administrator | $6,255 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $4,911 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $163,098 | $86,919+87.6% | $102,457+59.2% | $80,911+101.6% |
| Participation rate | 75.8% | 72.4%+3.4pp | 76.5%-0.7pp | 67.6%+8.1pp |
| Annual return | 13.71% | 18.90%-5.2pp | 29.41%-15.7pp | 35.63%-21.9pp |
| Employer contribution / active EE | $1,883 | $2,368-20.5% | $3,022-37.7% | $2,756-31.7% |
| Participant deferral / active EE | $7,756 | $4,119+88.3% | $5,054+53.5% | $4,297+80.5% |
| Admin fee / account holder | $375 | $8,049-95.3% | $9,451-96.0% | $6,935-94.6% |