Filed October 15, 2024 (most recent of 3 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $4,244,575 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 50 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Direct Payment | $16,839 |
Filed as: EMPOWER FINANCIAL SERVICES, INC. Service code 33 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Participant communication; Distributi... | $14,321 |
Plan reported corrective distributions (failed ADP/ACP testing).
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $349,808 | $244,991+42.8% | $105,624+231.2% | $106,553+228.3% |
| Participation rate | 96.2% | 88.4%+7.8pp | 75.3%+20.9pp | 69.8%+26.3pp |
| Annual return | 15.56% | 13.48%+2.1pp | 116.20%-100.6pp | 17.37%-1.8pp |
| Employer contribution / active EE | $11,902 | $8,816+35.0% | $3,168+275.7% | $3,359+254.4% |
| Participant deferral / active EE | $14,997 | $11,442+31.1% | $5,013+199.2% | $5,562+169.6% |
| Admin fee / account holder | $111 | $88+26.6% | $10,961-99.0% | $80+39.8% |