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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 | $56,316 |
Service code 27 1400 AMERICAN BLVD BLDG #4 · PENNINGTON, NJ 08534 | Advisory (Plan) | $6,944 |
Service code 10 555 MAIN ST STE 1600 · NORFOLK, VA 23510 | Accounting | $6,000 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $5,222 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $7,897 | $56,638-86.1% | $169,390-95.3% | $74,460-89.4% |
| Participation rate | 94.0% | 67.5%+26.5pp | 77.2%+16.9pp | 70.7%+23.3pp |
| Annual return | 19.03% | 24.75%-5.7pp | 406.07%-387.0pp | 34.38%-15.3pp |
| Employer contribution / active EE | $787 | $2,027-61.2% | $4,013-80.4% | $2,638-70.2% |
| Participant deferral / active EE | $1,831 | $4,223-56.6% | $6,222-70.6% | $4,530-59.6% |
| Admin fee / account holder | $78 | $307-74.4% | $9,015-99.1% | $348-77.5% |