Filed August 11, 2020
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 62 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Float revenue; Recordkeeping fees | $8,425 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $2,772 |
Filed as: MML INVESTORS SERVICES INC Service code 53 · EIN 04-2746212 | Insurance Commissions | $0 |
MMLIS1 year Service code 55 1295 STATE STREET · SPRINGFIELD, MA 01111 | Other Commissions | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $99,959 | $96,018+4.1% | $65,493+52.6% | $85,563+16.8% |
| Participation rate | 91.9% | 74.8%+17.1pp | 73.1%+18.8pp | 66.0%+26.0pp |
| Annual return | 9.72% | 14.51%-4.8pp | 982.45%-972.7pp | 31.51%-21.8pp |
| Employer contribution / active EE | $5,078 | $3,235+57.0% | $2,574+97.3% | $2,654+91.4% |
| Participant deferral / active EE | $0 | $4,055-100.0% | $3,961-100.0% | $4,375-100.0% |
| Admin fee / account holder | $14 | $271-94.7% | $5,028-99.7% | $834-98.3% |