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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 | $60,002 |
NOVA 401(K) ASSOCIATES3 years Service code 13 10777 NORTHWEST FREEWAY · HOUSTON, TX 77092 | Contract Administrator | $9,500 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $7,675 |
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 | $20,785 | $66,486-68.7% | $81,370-74.5% | $77,762-73.3% |
| Participation rate | 82.3% | 68.7%+13.6pp | 69.5%+12.8pp | 70.6%+11.8pp |
| Annual return | 17.65% | 15.95%+1.7pp | 24.85%-7.2pp | 31.27%-13.6pp |
| Employer contribution / active EE | $2,016 | $2,158-6.6% | $2,464-18.2% | $2,728-26.1% |
| Participant deferral / active EE | $4,878 | $3,677+32.7% | $3,885+25.6% | $4,651+4.9% |
| Admin fee / account holder | $119 | $586-79.7% | $5,749-97.9% | $433-72.6% |