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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PHILLIPS & COMPANY ADVISORS LLC Service code 27 1300 SW 5TH AVE STE 2100 · PORTLAND, OR 97201 | Advisory (Plan) | $334 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $28 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $16,986 | $65,453-74.0% | $86,698-80.4% | $66,938-74.6% |
| Participation rate | 24.6% | 75.5%-50.9pp | 76.6%-52.0pp | 69.8%-45.2pp |
| Annual return | -8.46% | -10.89%+2.4pp | 35.95%-44.4pp | 1.58%-10.0pp |
| Employer contribution / active EE | $0 | $2,154-100.0% | $2,837-100.0% | $2,545-100.0% |
| Participant deferral / active EE | $1,111 | $4,102-72.9% | $4,656-76.1% | $4,238-73.8% |
| Admin fee / account holder | $21 | $642-96.7% | $7,493-99.7% | $594-96.4% |