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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 15 · EIN 84-0467907 | Recordkeeping | $264,792 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 26 · EIN 84-1532243 | Advisory (Participants) | $224,392 |
AON CONSULTING3 years Filed as: AON INVESTMENTS USA INC Service code 16 39584 TREASURY CENTER · CHICAGO, IL 606949500 | Consulting | $90,000 |
BDO USA, LLP1 year Filed as: BDO USA, P.C. Service code 10 5300 PATTERSON AVE SE · GRAND RAPIDS, MI 49512 | Accounting | $47,572 |
MILLER JOHNSON3 years Filed as: MILLER JOHNSON SNELL & CUMMISKEY PL Service code 29 250 MONROE AVE NW STE 800 · GRAND RAPIDS, MI 49503 | Legal | $23,344 |
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 | $243,228 | $110,258+120.6% | $102,460+137.4% | $200,096+21.6% |
| Participation rate | 99.5% | 86.3%+13.2pp | 76.5%+23.0pp | 72.0%+27.4pp |
| Annual return | 14.37% | 35.78%-21.4pp | 29.47%-15.1pp | 34.26%-19.9pp |
| Employer contribution / active EE | $8,579 | $3,605+138.0% | $3,025+183.6% | $3,038+182.4% |
| Participant deferral / active EE | $10,114 | $6,377+58.6% | $5,056+100.0% | $5,090+98.7% |
| Admin fee / account holder | $111 | $122-9.4% | $9,460-98.8% | $269-58.9% |