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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $21,676 |
Service code 27 4340 REDWOOD HWY · SAN RAFAEL, CA 94903 | Advisory (Plan) | $13,053 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $496 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,912 | $69,511-52.7% | $94,672-65.2% | $71,529-54.0% |
| Participation rate | 70.5% | 78.4%-7.9pp | 80.8%-10.3pp | 67.9%+2.6pp |
| Annual return | 16.58% | 29.67%-13.1pp | 156.89%-140.3pp | 28.97%-12.4pp |
| Employer contribution / active EE | $25 | $2,853-99.1% | $3,673-99.3% | $2,590-99.0% |
| Participant deferral / active EE | $1,157 | $7,348-84.3% | $7,417-84.4% | $4,291-73.0% |
| Admin fee / account holder | $332 | $1,211-72.6% | $7,222-95.4% | $1,588-79.1% |