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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $23,997 |
Service code 10 1001 STATE STREET · ERIE, PA 16501 | Accounting | $23,000 |
Filed as: MERRILL LYNCH Service code 27 1400 AMERICAN BLVD BLDG #4 · PENNINGTON, NJ 08534 | Advisory (Plan) | $13,952 |
DUNBAR, BENDER & ZAPF, INC.8 years Service code 10 · EIN 25-1650062 437 GRANT STREET · PITTSBURGH, PA 15219 | Accounting | $11,581 |
HOUSTON HARBAUGH6 years Service code 29 THREE GATEWAY CENTER · PITTSBURGH, PA 15222 | Legal | $2,753 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $70,199 | $55,470+26.6% | $155,556-54.9% | $74,478-5.7% |
| Participation rate | 100.0% | 61.9%+38.1pp | 78.2%+21.8pp | 67.2%+32.8pp |
| Annual return | 10.45% | 269.80%-259.4pp | 64.84%-54.4pp | 1370.56%-1360.1pp |
| Employer contribution / active EE | $2,618 | $2,267+15.5% | $4,675-44.0% | $2,626-0.3% |
| Participant deferral / active EE | $5,497 | $2,838+93.7% | $5,631-2.4% | $4,350+26.3% |
| Admin fee / account holder | $443 | $1,744-74.6% | $15,885-97.2% | $1,946-77.3% |