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, CA 80111 | Investment Management | $2,885,706 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 50 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Direct Payment | $10,951 |
Filed as: GWFS EQUITIES INC. Service code 33 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Participant communication; Direct pay... | $5,962 |
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 | $282,055 | $185,545+52.0% | $90,767+210.7% | $89,433+215.4% |
| Participation rate | 97.4% | 85.0%+12.3pp | 75.7%+21.7pp | 71.3%+26.1pp |
| Annual return | -11.17% | -13.56%+2.4pp | -12.16%+1.0pp | -11.88%+0.7pp |
| Employer contribution / active EE | $10,326 | $7,210+43.2% | $2,922+253.4% | $3,021+241.8% |
| Participant deferral / active EE | $14,330 | $9,550+50.0% | $4,565+213.9% | $5,125+179.6% |
| Admin fee / account holder | $79 | $100-20.8% | $8,445-99.1% | $79-0.1% |