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| Provider | Service type | Compensation |
|---|---|---|
GOLDLEAF PARTNERS3+ years Service code 13 8009 34TH AVENUE SOUTH, SUITE 320 · MINNEAPOLIS, MN 55425 | Contract Administrator | $2,076 |
Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $650 |
Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $244 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,071 | $55,453-47.6% | $170,435-82.9% | $62,293-53.3% |
| Participation rate | 39.0% | 66.4%-27.3pp | 83.6%-44.6pp | 69.5%-30.5pp |
| Annual return | 15.68% | 21.38%-5.7pp | 205.94%-190.3pp | 28.90%-13.2pp |
| Employer contribution / active EE | $812 | $2,164-62.4% | $5,432-85.0% | $2,042-60.2% |
| Participant deferral / active EE | $1,336 | $2,303-42.0% | $4,939-73.0% | $3,169-57.9% |
| Admin fee / account holder | $16 | $455-96.4% | $13,881-99.9% | $479-96.6% |