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| Provider | Service type | Compensation |
|---|---|---|
Filed as: GREAT WEST LIFE & ANNUITY CO Service code 15 · EIN 84-0467907 | Recordkeeping | $314 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $48,270 | $73,638-34.4% | $108,410-55.5% | $79,393-39.2% |
| Participation rate | 27.3% | 77.4%-50.0pp | 80.1%-52.8pp | 70.7%-43.4pp |
| Annual return | 16.00% | 33.27%-17.3pp | 905.34%-889.3pp | 116.87%-100.9pp |
| Employer contribution / active EE | $0 | $2,397-100.0% | $3,558-100.0% | $2,428-100.0% |
| Participant deferral / active EE | $612 | $6,218-90.2% | $6,562-90.7% | $4,046-84.9% |
| Admin fee / account holder | $17 | $638-97.4% | $7,296-99.8% | $627-97.3% |