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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER LIFE & ANNUITY INSURANCE CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $15,134 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $15,383 | $65,246-76.4% | $98,716-84.4% | $67,986-77.4% |
| Participation rate | 96.7% | 51.4%+45.3pp | 69.3%+27.4pp | 57.2%+39.5pp |
| Annual return | 45.38% | 20.58%+24.8pp | 31.81%+13.6pp | 31.67%+13.7pp |
| Employer contribution / active EE | $318 | $1,042-69.5% | $2,279-86.0% | $2,019-84.2% |
| Participant deferral / active EE | $4,019 | $2,594+54.9% | $4,048-0.7% | $3,358+19.7% |
| Admin fee / account holder | $72 | $4,561-98.4% | $8,703-99.2% | $3,203-97.7% |