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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 | $18,260 |
Service code 27 4340 REDWOOD HWY · SAN RAFAEL, CA 94903 | Advisory (Plan) | $12,029 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $2,153 |
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 | $35,729 | $41,150-13.2% | $80,627-55.7% | $71,511-50.0% |
| Participation rate | 35.3% | 50.3%-15.0pp | 67.0%-31.8pp | 67.9%-32.7pp |
| Annual return | 17.32% | 38.48%-21.2pp | 936.76%-919.4pp | 28.86%-11.5pp |
| Employer contribution / active EE | $1,062 | $1,515-29.9% | $2,723-61.0% | $2,589-59.0% |
| Participant deferral / active EE | $2,139 | $2,701-20.8% | $4,443-51.9% | $4,291-50.2% |
| Admin fee / account holder | $321 | $1,841-82.6% | $5,381-94.0% | $1,588-79.8% |