Filed April 8, 2021 (most recent of 2 filings on file)
Total covered: 118 employees
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 15 · EIN 84-0467907 | Recordkeeping | $1,153 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $78,678 | $71,878+9.5% | $86,698-9.3% | $68,486+14.9% |
| Participation rate | 61.7% | 72.2%-10.5pp | 76.6%-14.9pp | 67.9%-6.2pp |
| Annual return | -11.87% | 3.53%-15.4pp | 35.95%-47.8pp | -7.85%-4.0pp |
| Employer contribution / active EE | $957 | $2,173-56.0% | $2,837-66.3% | $2,597-63.1% |
| Participant deferral / active EE | $4,216 | $3,779+11.6% | $4,656-9.5% | $4,028+4.7% |
| Admin fee / account holder | $16 | $6,113-99.7% | $7,493-99.8% | $5,404-99.7% |