Filed June 20, 2020
Total covered: 5 employees
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
LVZ INC3 years Service code 27 240 SOUTH RIVER AVE · HOLLAND, MI 49423 | Advisory (Plan) | $148,103 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $15,534 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $87,501 | $82,979+5.5% | $102,383-14.5% | $77,714+12.6% |
| Participation rate | 97.5% | 71.5%+25.9pp | 74.5%+23.0pp | 70.6%+26.9pp |
| Annual return | 10.30% | 19.11%-8.8pp | 24.94%-14.6pp | 31.26%-21.0pp |
| Employer contribution / active EE | $3,855 | $3,554+8.5% | $3,870-0.4% | $2,727+41.4% |
| Participant deferral / active EE | $8,065 | $4,109+96.3% | $5,060+59.4% | $4,649+73.5% |
| Admin fee / account holder | $28 | $639-95.6% | $8,391-99.7% | $433-93.6% |