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| Provider | Service type | Compensation |
|---|---|---|
Filed as: GREAT-WEST LIFE & ANNUITY INS. CO. Service code 64 · EIN 84-0467907 | Recordkeeping Fees | $37,769 |
Service code 27 24 E COTA ST STE 200 · SANTA BARBARA, CA 93101 | Advisory (Plan) | $19,220 |
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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,161 | $23,224+4.0% | $71,086-66.0% | $55,725-56.6% |
| Participation rate | 32.1% | 37.9%-5.8pp | 54.7%-22.6pp | 70.9%-38.8pp |
| Annual return | 4.81% | -2.87%+7.7pp | 650.59%-645.8pp | 244.93%-240.1pp |
| Employer contribution / active EE | $734 | $436+68.3% | $1,088-32.5% | $2,078-64.7% |
| Participant deferral / active EE | $1,249 | $929+34.4% | $1,874-33.4% | $3,356-62.8% |
| Admin fee / account holder | $234 | $118+98.6% | $3,082-92.4% | $115+103.3% |