| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INS. COMAPNY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $1,938,127 |
Service code 16 3071 PEARL ROAD · MEDINA, OH 44256 | Consulting | $800 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $101,689 | $135,240-24.8% | $170,055-40.2% | $96,393+5.5% |
| Participation rate | 0.0% | 86.5%-86.5pp | 87.0%-87.0pp | 71.3%-71.3pp |
| Annual return | 10.72% | 22.04%-11.3pp | 53.43%-42.7pp | 22.88%-12.2pp |
| Employer contribution / active EE | $1,687 | $5,029-66.4% | $6,790-75.1% | $3,239-47.9% |
| Participant deferral / active EE | $8,056 | $8,138-1.0% | $10,410-22.6% | $5,455+47.7% |
| Admin fee / account holder | $136 | $85+59.6% | $12,828-98.9% | $74+83.4% |