| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 15 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping | $1,354,445 |
MERCER3 years Filed as: MERCER (US) INC MERCER INVESTMENTS Service code 27 21875 NETWORK PLACE · CHICAGO, IL 60673 | Advisory (Plan) | $85,725 |
Service code 16 · EIN 34-1820650 | Consulting | $1,950 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $33,764 | $64,975-48.0% | $97,295-65.3% | $106,553-68.3% |
| Participation rate | 23.1% | 45.4%-22.3pp | 72.7%-49.6pp | 69.8%-46.7pp |
| Annual return | 12.83% | 15.21%-2.4pp | 75.62%-62.8pp | 17.37%-4.5pp |
| Employer contribution / active EE | $380 | $1,126-66.3% | $2,723-86.1% | $3,359-88.7% |
| Participant deferral / active EE | $589 | $2,466-76.1% | $4,264-86.2% | $5,562-89.4% |
| Admin fee / account holder | $50 | $69-27.5% | $5,646-99.1% | $80-37.6% |