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| Provider | Service type | Compensation |
|---|---|---|
ERP RETIREMENT SERVICES5 years Service code 13 | Contract Administrator | $2,450 |
Filed as: EMPOWER LIFE & ANNUITY INSURANCE CO Service code 64 | Recordkeeping Fees | $1,604 |
SBHU LIFE AGENCY INC9+ years Service code 55 | Other Commissions | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $238,865 | $80,781+195.7% | $102,437+133.2% | $74,478+220.7% |
| Participation rate | 56.0% | 65.7%-9.7pp | 74.5%-18.5pp | 67.2%-11.2pp |
| Annual return | 26.26% | 27.58%-1.3pp | 24.95%+1.3pp | 1370.56%-1344.3pp |
| Employer contribution / active EE | $1,907 | $3,160-39.7% | $3,871-50.7% | $2,626-27.4% |
| Participant deferral / active EE | $8,821 | $3,862+128.4% | $5,060+74.3% | $4,350+102.8% |
| Admin fee / account holder | $37 | $2,372-98.4% | $8,388-99.6% | $1,946-98.1% |