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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 | $10,074 |
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).
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 | $12,187 | $59,467-79.5% | $93,727-87.0% | $74,478-83.6% |
| Participation rate | 95.1% | 59.6%+35.5pp | 68.7%+26.4pp | 67.2%+27.9pp |
| Annual return | 28.73% | 82.14%-53.4pp | 133.83%-105.1pp | 1370.56%-1341.8pp |
| Employer contribution / active EE | $335 | $1,267-73.5% | $2,421-86.2% | $2,626-87.2% |
| Participant deferral / active EE | $4,036 | $3,052+32.3% | $4,417-8.6% | $4,350-7.2% |
| Admin fee / account holder | $57 | $3,028-98.1% | $8,292-99.3% | $1,946-97.1% |