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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 | $22,688 |
Filed as: BOON ADMINISTRATIVE SERVICES, INC. Service code 13 6300 BRIDGE POINT PKWY · AUSTIN, TX 78730 | Contract Administrator | $21,117 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $2,265 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $14,558 | $39,948-63.6% | $89,414-83.7% | $73,412-80.2% |
| Participation rate | 36.9% | 50.4%-13.5pp | 68.0%-31.1pp | 72.2%-35.3pp |
| Annual return | 23.60% | 50.12%-26.5pp | 245.50%-221.9pp | 59.30%-35.7pp |
| Employer contribution / active EE | $1,149 | $1,200-4.2% | $2,586-55.6% | $2,234-48.6% |
| Participant deferral / active EE | $546 | $2,193-75.1% | $3,890-86.0% | $3,806-85.7% |
| Admin fee / account holder | $191 | $134+42.4% | $4,883-96.1% | $158+21.1% |