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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $76,050 |
ANNEX WEALTH MANAGEMENT8 years Filed as: ANNEX WEALTH MANAGEMENT LLC Service code 27 12700 W BLUEMOUND RD STE 200 · ELM GROVE, WI 53122 | Advisory (Plan) | $52,779 |
SIKICH LLP1 year Filed as: SIKICH LLC Service code 13 1415 W DIEHL RD STE 400 · NAPERVILLE, IL 60563 | Contract Administrator | $10,455 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $6,358 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $117,702 | $110,483+6.5% | $145,433-19.1% | $79,634+47.8% |
| Participation rate | 95.3% | 71.1%+24.2pp | 82.1%+13.2pp | 62.5%+32.8pp |
| Annual return | 12.97% | 24.62%-11.7pp | 66.58%-53.6pp | 36.46%-23.5pp |
| Employer contribution / active EE | $0 | $4,053-100.0% | $4,554-100.0% | $2,529-100.0% |
| Participant deferral / active EE | $7,079 | $7,216-1.9% | $7,897-10.4% | $3,835+84.6% |
| Admin fee / account holder | $401 | $680-41.1% | $13,129-96.9% | $1,002-60.0% |