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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INS. CO. OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $24,574 |
ERISA SERVICES, INC.4 years Filed as: ERISA SERVICES INC Service code 13 PO BOX 24628 · KNOXVILLE, TN 37933 | Contract Administrator | $10,057 |
WOODBURY FINANCIAL SERVICES2 years Filed as: WOODBURY FINANCIAL SERVICES INC. Service code 27 7755 3RD ST N · OAKDALE, MN 55128 | Advisory (Plan) | $9,278 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $38 |
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 | $18,046 | $61,356-70.6% | $149,696-87.9% | $71,511-74.8% |
| Participation rate | 60.0% | 62.5%-2.5pp | 78.8%-18.8pp | 67.9%-7.9pp |
| Annual return | 24.16% | 35.86%-11.7pp | 134.46%-110.3pp | 28.86%-4.7pp |
| Employer contribution / active EE | $816 | $2,382-65.7% | $4,821-83.1% | $2,589-68.5% |
| Participant deferral / active EE | $2,892 | $2,920-1.0% | $5,682-49.1% | $4,291-32.6% |
| Admin fee / account holder | $400 | $1,263-68.4% | $13,212-97.0% | $1,588-74.8% |