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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 | $46,886 |
Filed as: FIFTH THIRD BANK Service code 27 38 FOUNTAIN SQ PLZ · CINCINNATI, OH 45263 | Advisory (Plan) | $26,064 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $19,282 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $57,823 | $89,093-35.1% | $102,434-43.6% | $77,736-25.6% |
| Participation rate | 53.5% | 80.9%-27.4pp | 76.5%-23.0pp | 70.6%-17.1pp |
| Annual return | 15.92% | 25.03%-9.1pp | 29.46%-13.5pp | 31.26%-15.3pp |
| Employer contribution / active EE | $1,838 | $2,699-31.9% | $3,023-39.2% | $2,728-32.6% |
| Participant deferral / active EE | $3,334 | $5,147-35.2% | $5,055-34.1% | $4,651-28.3% |
| Admin fee / account holder | $193 | $236-18.0% | $9,462-98.0% | $433-55.4% |