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| Provider | Service type | Compensation |
|---|---|---|
Service code 27 1400 AMERICAN BLVD BLDG #4 · PENNINGTON, NJ 08534 | Advisory (Plan) | $37,001 |
Filed as: EMPOWER LIFE & ANNUITY INSURANCE CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $5,980 |
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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,967 | $89,465-52.0% | $164,866-73.9% | $77,671-44.7% |
| Participation rate | 46.2% | 78.6%-32.4pp | 78.6%-32.4pp | 70.6%-24.4pp |
| Annual return | 18.59% | 28.81%-10.2pp | 69.97%-51.4pp | 31.21%-12.6pp |
| Employer contribution / active EE | $1,369 | $2,568-46.7% | $4,343-68.5% | $2,726-49.8% |
| Participant deferral / active EE | $2,655 | $4,897-45.8% | $6,033-56.0% | $4,648-42.9% |
| Admin fee / account holder | $105 | $340-69.1% | $12,689-99.2% | $430-75.7% |