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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 | $14,235 |
Filed as: NORTH SHORE BANK Service code 27 131 W SUPERIOR ST · DULUTH, MN 55802 | Advisory (Plan) | $4,418 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,441 | $64,176-47.9% | $112,263-70.2% | $66,949-50.1% |
| Participation rate | 46.9% | 68.4%-21.5pp | 75.1%-28.1pp | 69.8%-22.9pp |
| Annual return | -4.81% | -13.80%+9.0pp | 27.49%-32.3pp | 1.57%-6.4pp |
| Employer contribution / active EE | $2,293 | $3,007-23.7% | $3,636-36.9% | $2,545-9.9% |
| Participant deferral / active EE | $2,799 | $3,694-24.2% | $4,729-40.8% | $4,239-34.0% |
| Admin fee / account holder | $219 | $626-64.9% | $6,410-96.6% | $594-63.0% |