Filed January 3, 2023
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER LIFE & ANNUITY INSURANCE CO Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $43,010 |
Service code 27 4340 REDWOOD HWY · SAN RAFAEL, CA 94903 | Advisory (Plan) | $32,643 |
Service code 10 4470 W 78TH ST CIR STE 200 · BLOOMINGTON, MN 55435 | Accounting | $4,500 |
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 | $73,073 | $47,766+53.0% | $82,706-11.6% | $64,814+12.7% |
| Participation rate | 85.2% | 67.7%+17.5pp | 72.6%+12.6pp | 71.5%+13.7pp |
| Annual return | -19.68% | -13.06%-6.6pp | 701.76%-721.4pp | 32.84%-52.5pp |
| Employer contribution / active EE | $1,384 | $2,182-36.6% | $3,007-54.0% | $2,507-44.8% |
| Participant deferral / active EE | $5,125 | $3,332+53.8% | $4,394+16.6% | $4,310+18.9% |
| Admin fee / account holder | $297 | $143+107.6% | $5,329-94.4% | $188+58.1% |