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| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA RETIREMENT INS AND ANNUITY CO Service code 13 · EIN 71-0294708 PO BOX 990067 · HARTFORD, CT 061990067 | Contract Administrator | $41,377 |
Service code 27 1400 AMERICAN BLVD BLDG #4 · PENNINGTON, NJ 08534 | Advisory (Plan) | $21,515 |
ALERUS FINANCIAL, N.A.3 years Filed as: ALERUS FINANCIAL Service code 49 · EIN 71-0294708 PO BOX 6001 · GRAND FORKS, ND 58206 | Other Services | $19,314 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $3,718 |
MORNINGSTAR3 years Service code 27 | Advisory (Plan) | $2,370 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $27,120 | $92,186-70.6% | $105,624-74.3% | $77,762-65.1% |
| Participation rate | 88.6% | 81.0%+7.6pp | 75.3%+13.3pp | 70.6%+18.0pp |
| Annual return | 8.71% | 17.83%-9.1pp | 116.20%-107.5pp | 31.27%-22.6pp |
| Employer contribution / active EE | $353 | $3,376-89.5% | $3,168-88.9% | $2,728-87.1% |
| Participant deferral / active EE | $2,818 | $5,395-47.8% | $5,013-43.8% | $4,651-39.4% |
| Admin fee / account holder | $81 | $219-63.1% | $10,961-99.3% | $433-81.3% |