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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $44,561 |
CAPFINANCIAL PARTNERS LLC2 years Service code 27 DBA CAPTRUST FINANCIAL · RALEIGH, NC 27609 | Advisory (Plan) | $37,999 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $8,098 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $31,053 | $55,402-43.9% | $76,089-59.2% | $77,714-60.0% |
| Participation rate | 33.6% | 63.6%-30.0pp | 69.1%-35.5pp | 70.6%-37.0pp |
| Annual return | 11.66% | 17.09%-5.4pp | 360.94%-349.3pp | 31.26%-19.6pp |
| Employer contribution / active EE | $866 | $1,789-51.6% | $2,690-67.8% | $2,727-68.2% |
| Participant deferral / active EE | $1,606 | $3,450-53.4% | $4,259-62.3% | $4,649-65.5% |
| Admin fee / account holder | $349 | $410-15.0% | $6,418-94.6% | $433-19.5% |