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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 15 · EIN 84-0467907 | Recordkeeping | $174,576 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 26 · EIN 84-1532243 | Advisory (Participants) | $22,704 |
Service code 16 · EIN 34-1820650 | Consulting | $900 |
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 | $42,002 | $40,278+4.3% | $80,648-47.9% | $80,169-47.6% |
| Participation rate | 42.4% | 47.5%-5.1pp | 67.0%-24.6pp | 72.9%-30.5pp |
| Annual return | 19.08% | 50.86%-31.8pp | 937.21%-918.1pp | 40.39%-21.3pp |
| Employer contribution / active EE | $916 | $1,332-31.2% | $2,724-66.4% | $2,978-69.2% |
| Participant deferral / active EE | $2,661 | $2,696-1.3% | $4,443-40.1% | $5,016-47.0% |
| Admin fee / account holder | $105 | $210-50.2% | $5,382-98.1% | $145-27.8% |