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| Provider | Service type | Compensation |
|---|---|---|
Filed as: GREAT WEST LIFE & ANNUITY CO Service code 15 · EIN 84-0467907 | Recordkeeping | $146 |
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.
Annual investment return 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 | $40,091 | $58,320-31.3% | $86,438-53.6% | $66,938-40.1% |
| Participation rate | 25.0% | 78.6%-53.6pp | 80.3%-55.3pp | 69.8%-44.8pp |
| Annual return | -19.33% | -9.71%-9.6pp | 4397.19%-4416.5pp | 1.58%-20.9pp |
| Employer contribution / active EE | $0 | $2,615-100.0% | $3,769-100.0% | $2,545-100.0% |
| Participant deferral / active EE | $825 | $6,899-88.0% | $6,952-88.1% | $4,238-80.5% |
| Admin fee / account holder | $9 | $546-98.3% | $6,733-99.9% | $594-98.5% |