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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 | $63,457 |
HAYS FINANCIAL GROUP4 years Filed as: THE HAYS FINANCIAL GROUP, LLC Service code 27 80 S 8TH ST STE 700 · MINNEAPOLIS, MN 55402 | Advisory (Plan) | $60,940 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $31,492 |
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 | $54,156 | $106,110-49.0% | $147,005-63.2% | $77,671-30.3% |
| Participation rate | 58.0% | 78.4%-20.4pp | 82.2%-24.2pp | 70.6%-12.6pp |
| Annual return | 20.30% | 56.77%-36.5pp | 418.76%-398.5pp | 31.21%-10.9pp |
| Employer contribution / active EE | $2,965 | $4,065-27.1% | $4,934-39.9% | $2,726+8.7% |
| Participant deferral / active EE | $5,502 | $7,992-31.2% | $8,070-31.8% | $4,648+18.4% |
| Admin fee / account holder | $292 | $338-13.6% | $13,006-97.8% | $430-32.2% |