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| Provider | Service type | Compensation |
|---|---|---|
PENSYS, INC.3+ years Service code 13 2440 PROFESSIONAL DR · ROSEVILLE, CA 95661 | Contract Administrator | $18,666 |
Filed as: GREAT-WEST LIFE & ANNUITY INS CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $17,677 |
GARCIA WEALTH MANAGEMENT GROUP3+ years Service code 27 613 S. MAIN ST · TEMPLETON, CA 93465 | Advisory (Plan) | $11,475 |
Filed as: PENSYS FIDUCIARY SERVICES INC Service code 31 · EIN 46-3943208 | Named fiduciary | $6,896 |
Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $2,286 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,853 | $54,368-26.7% | $117,039-65.9% | $62,293-36.0% |
| Participation rate | 90.7% | 64.9%+25.7pp | 77.2%+13.5pp | 69.5%+21.1pp |
| Annual return | 17.00% | 21.77%-4.8pp | 18.95%-1.9pp | 28.90%-11.9pp |
| Employer contribution / active EE | $0 | $1,692-100.0% | $3,785-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $903 | $2,269-60.2% | $3,929-77.0% | $3,169-71.5% |
| Admin fee / account holder | $408 | $493-17.2% | $5,974-93.2% | $479-14.8% |