Filed November 16, 2023
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: GREAT-WEST LIFE & ANNUITY INS CO Service code 15 · EIN 84-0467907 | Recordkeeping | $51,647 |
Filed as: ADVISED ASSETS GROUP, LLC Service code 26 · EIN 84-1532243 | Advisory (Participants) | $14,377 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $105,683 | $74,024+42.8% | $78,002+35.5% | $57,658+83.3% |
| Participation rate | 97.2% | 79.7%+17.5pp | 75.5%+21.7pp | 70.2%+27.0pp |
| Annual return | 7.28% | 12.14%-4.9pp | 425.99%-418.7pp | 5.13%+2.1pp |
| Employer contribution / active EE | $4,217 | $2,365+78.3% | $2,470+70.7% | $1,974+113.6% |
| Participant deferral / active EE | $3,981 | $3,533+12.7% | $3,497+13.9% | $3,061+30.1% |
| Admin fee / account holder | $80 | $93-14.4% | $5,481-98.5% | $95-15.6% |