Filed July 17, 2015
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: GREAT-WEST TRUST COMPANY, LLC (NY) Service code 15 · EIN 84-0467907 | Recordkeeping | $381 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,803 | $61,185-52.9% | $185,854-84.5% | $79,395-63.7% |
| Participation rate | 56.9% | 66.6%-9.7pp | 81.7%-24.8pp | 70.7%-13.8pp |
| Annual return | 13.47% | 19.45%-6.0pp | 122.12%-108.6pp | 116.90%-103.4pp |
| Employer contribution / active EE | $628 | $2,321-72.9% | $5,169-87.8% | $2,428-74.1% |
| Participant deferral / active EE | $0 | $2,789-100.0% | $5,569-100.0% | $4,046-100.0% |
| Admin fee / account holder | $11 | $709-98.5% | $16,246-99.9% | $626-98.3% |