Filed August 19, 2024
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $254,344 |
Service code 27 1400 AMERICAN BLVD BLDG #4 · PENNINGTON, NJ 08534 | Advisory (Plan) | $79,920 |
RSM US LLP1 year Filed as: MCGLADREY LLP Service code 10 5155 PAYSPHERE CIRCLE · CHICAGO, IL 60674 | Accounting | $30,000 |
PENTEGRA SERVICES, INC.1 year Filed as: PENTEGRA SERVICES INC Service code 13 5350 77 CENTER DR STE 200 · CHARLOTTE, NC 28217 | Contract Administrator | $27,068 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $25,856 |
ALTA TRUST1 year Filed as: ALTA TRUST COMPANY Service code 99 101 S MAIN AVE STE 310 · SIOUX FALLS, SD 57104 | Other Fees | $574 |
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 | $115,893 | $59,312+95.4% | $149,740-22.6% | $103,657+11.8% |
| Participation rate | 91.0% | 70.3%+20.7pp | 78.8%+12.2pp | 73.4%+17.6pp |
| Annual return | 74.51% | 78.03%-3.5pp | 134.51%-60.0pp | 33.13%+41.4pp |
| Employer contribution / active EE | $1,648 | $2,187-24.6% | $4,821-65.8% | $3,216-48.7% |
| Participant deferral / active EE | $7,056 | $3,719+89.7% | $5,683+24.2% | $5,218+35.2% |
| Admin fee / account holder | $62 | $103-39.9% | $13,222-99.5% | $114-45.9% |