Filed April 3, 2019
Total covered: 137 employees
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| Provider | Service type | Compensation |
|---|---|---|
MERCER2 years Filed as: MERCER (US) INC MERCER INVESTMENTS Service code 27 21875 NETWORK PLACE · CHICAGO, IL 60673 | Advisory (Plan) | $507,021 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 15 · EIN 84-0467907 | Recordkeeping | $322,586 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 26 · EIN 84-1532243 | Advisory (Participants) | $183,270 |
CHARLES SCHWAB & CO., INC.4 years Service code 26 · EIN 94-1737782 | Advisory (Participants) | $348 |
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 | $108,817 | $87,621+24.2% | $86,460+25.9% | $77,906+39.7% |
| Participation rate | 97.7% | 85.8%+11.9pp | 80.3%+17.4pp | 73.7%+24.0pp |
| Annual return | -15.66% | -13.90%-1.8pp | 4399.82%-4415.5pp | 12.16%-27.8pp |
| Employer contribution / active EE | $4,218 | $3,474+21.4% | $3,771+11.9% | $2,846+48.2% |
| Participant deferral / active EE | $9,714 | $8,645+12.4% | $6,954+39.7% | $4,805+102.2% |
| Admin fee / account holder | $166 | $85+96.5% | $6,727-97.5% | $133+25.5% |