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| Provider | Service type | Compensation |
|---|---|---|
ERP RETIREMENT SERVICES4 years Service code 13 | Contract Administrator | $2,178 |
Filed as: EMPOWER LIFE & ANNUITY INSURANCE CO Service code 64 | Recordkeeping Fees | $1,726 |
SBHU LIFE AGENCY INC8+ years Service code 55 | Other Commissions | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $195,828 | $76,696+155.3% | $96,538+102.9% | $71,529+173.8% |
| Participation rate | 55.5% | 66.6%-11.1pp | 74.3%-18.9pp | 67.9%-12.4pp |
| Annual return | 5.48% | 48.32%-42.8pp | 35.74%-30.3pp | 28.97%-23.5pp |
| Employer contribution / active EE | $1,799 | $3,032-40.6% | $3,740-51.9% | $2,590-30.5% |
| Participant deferral / active EE | $8,383 | $3,770+122.4% | $4,880+71.8% | $4,291+95.3% |
| Admin fee / account holder | $33 | $2,030-98.4% | $6,737-99.5% | $1,588-97.9% |