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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 15 · EIN 84-0467907 | Recordkeeping | $155,310 |
Service code 27 4340 REDWOOD HWY · SAN RAFAEL, CA 94903 | Advisory (Plan) | $30,615 |
GROSSMAN YANAK & FORD LLP2 years Service code 10 THREE GATEWAY CENTER STE 1800 · PITTSBURGH, PA 15222 | Accounting | $28,718 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $86,514 | $148,970-41.9% | $135,987-36.4% | $199,921-56.7% |
| Participation rate | 56.0% | 79.4%-23.4pp | 76.4%-20.4pp | 72.0%-16.0pp |
| Annual return | 15.53% | 27.07%-11.5pp | 580.01%-564.5pp | 34.28%-18.8pp |
| Employer contribution / active EE | $553 | $3,561-84.5% | $4,214-86.9% | $3,035-81.8% |
| Participant deferral / active EE | $3,339 | $6,140-45.6% | $7,027-52.5% | $5,089-34.4% |
| Admin fee / account holder | $110 | $144-23.4% | $6,716-98.4% | $269-59.0% |