Filed January 25, 2021
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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 | $44,292 |
CARLSON CAPITAL MANAGEMENT3 years Filed as: CARLSON CAPITAL MANAGEMENT LLC Service code 27 11 BRIDGE SQUARE · NORTHFIELD, MN 55057 | Advisory (Plan) | $22,500 |
ASCENSUS LLC5 years Filed as: ASCENSUS HOLDINGS INC Service code 13 | Contract Administrator | $9,861 |
ASCENSUS LLC5 years Filed as: ASCENSUS HOLDINGS, INC Service code 13 101 W BROADWAY · SAN DIEGO, CA 92101 | Contract Administrator | $5,395 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,237 | $65,122-30.5% | $135,792-66.7% | $64,097-29.4% |
| Participation rate | 79.8% | 47.1%+32.7pp | 72.6%+7.2pp | 55.2%+24.6pp |
| Annual return | 16.11% | 14.53%+1.6pp | 25.96%-9.8pp | 34.64%-18.5pp |
| Employer contribution / active EE | $474 | $1,280-63.0% | $3,496-86.5% | $1,891-75.0% |
| Participant deferral / active EE | $3,004 | $2,219+35.4% | $4,759-36.9% | $3,080-2.5% |
| Admin fee / account holder | $368 | $3,120-88.2% | $12,266-97.0% | $3,454-89.3% |