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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 | $16,560 |
Service code 27 4340 REDWOOD HWY · SAN RAFAEL, CA 94903 | Advisory (Plan) | $14,093 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $2,594 |
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 | $52,328 | $45,123+16.0% | $85,240-38.6% | $74,478-29.7% |
| Participation rate | 32.3% | 49.4%-17.0pp | 67.5%-35.2pp | 67.2%-34.9pp |
| Annual return | 14.22% | 26.32%-12.1pp | 66.75%-52.5pp | 1370.56%-1356.3pp |
| Employer contribution / active EE | $1,319 | $1,459-9.6% | $2,735-51.8% | $2,626-49.8% |
| Participant deferral / active EE | $1,910 | $2,736-30.2% | $4,527-57.8% | $4,350-56.1% |
| Admin fee / account holder | $693 | $2,215-68.7% | $6,165-88.8% | $1,946-64.4% |