Filed August 5, 1991
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 13 · EIN 06-1050034 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Contract Administrator | $363,056 |
FORVIS, LLP2 years Filed as: FORVIS MAZARS, LLP Service code 10 · EIN 44-0160260 910 E ST. LOUIS ST STE 400 · SPRINGFIELD, MO 65807 | Accounting | $31,311 |
Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.
| Category | Counterparty | Relationship / Terms | Address | Amount |
|---|---|---|---|---|
| Part 3 Non-exempt transaction | EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER EXCESS COMPENSATION TOTALING $963,390 PAID FOR RECORDKEEPING SERVICES FOR 2020-2022 PLAN YEARS-VFCP FILED | — | — |
Employer 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).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $230,086 | $145,513+58.1% | $184,256+24.9% | $99,313+131.7% |
| Participation rate | 97.6% | 90.3%+7.3pp | 86.8%+10.8pp | 71.7%+25.9pp |
| Annual return | 18.80% | 21.25%-2.5pp | 28.85%-10.0pp | 17.67%+1.1pp |
| Employer contribution / active EE | $1,737 | $5,354-67.6% | $6,427-73.0% | $3,264-46.8% |
| Participant deferral / active EE | $16,099 | $8,423+91.1% | $9,133+76.3% | $5,346+201.2% |
| Admin fee / account holder | $39 | $78-49.7% | $13,899-99.7% | $109-64.2% |