Filed August 15, 2023 (most recent of 4 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 26 · EIN 84-1532243 | Advisory (Participants) | $46,091 |
Service code 10 · EIN 38-2445537 | Accounting | $9,970 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 15 · EIN 84-0467907 | Recordkeeping | $7,976 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $107,377 | $99,168+8.3% | $96,534+11.2% | $74,460+44.2% |
| Participation rate | 98.8% | 80.7%+18.2pp | 76.0%+22.9pp | 70.7%+28.1pp |
| Annual return | 18.57% | 22.40%-3.8pp | 25.88%-7.3pp | 34.38%-15.8pp |
| Employer contribution / active EE | $4,869 | $2,570+89.5% | $2,965+64.2% | $2,638+84.6% |
| Participant deferral / active EE | $8,516 | $4,936+72.5% | $4,851+75.6% | $4,530+88.0% |
| Admin fee / account holder | $59 | $225-73.7% | $8,253-99.3% | $348-83.0% |