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 | $3,630,485 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 50 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Direct Payment | $13,389 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $314,703 | $225,491+39.6% | $98,462+219.6% | $96,393+226.5% |
| Participation rate | 98.1% | 87.3%+10.8pp | 75.2%+23.0pp | 71.3%+26.8pp |
| Annual return | 14.61% | 19.53%-4.9pp | 21.20%-6.6pp | 22.88%-8.3pp |
| Employer contribution / active EE | $11,425 | $8,386+36.2% | $3,049+274.7% | $3,239+252.8% |
| Participant deferral / active EE | $15,102 | $10,872+38.9% | $4,738+218.7% | $5,455+176.9% |
| Admin fee / account holder | $98 | $87+12.3% | $8,875-98.9% | $74+32.4% |