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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $36,582 |
WELLS FARGO BANK, N.A.5 years Filed as: WELLS FARGO ADVISORS FIN NETWORK LL Service code 27 1NORTH JEFFERSON AVE · ST LOUIS, MO 63103 | Advisory (Plan) | $12,049 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $19,112 | $54,679-65.0% | $76,119-74.9% | $74,459-74.3% |
| Participation rate | 88.5% | 60.3%+28.1pp | 69.1%+19.4pp | 67.2%+21.2pp |
| Annual return | 12.85% | 31.90%-19.1pp | 361.25%-348.4pp | 1369.70%-1356.9pp |
| Employer contribution / active EE | $227 | $1,781-87.3% | $2,693-91.6% | $2,626-91.4% |
| Participant deferral / active EE | $3,256 | $3,072+6.0% | $4,259-23.6% | $4,350-25.1% |
| Admin fee / account holder | $189 | $2,238-91.5% | $6,421-97.1% | $1,945-90.3% |