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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 | $123,603 |
NOVA 401(K) ASSOCIATES2 years Service code 13 10777 NORTHWEST FREEWAY · HOUSTON, TX 77092 | Contract Administrator | $55,761 |
Service code 27 5905 E GALBRAITH RD · CINCINNATI, OH 45236 | Advisory (Plan) | $41,091 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $10,230 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,171 | $49,468-47.1% | $150,298-82.6% | $103,975-74.8% |
| Participation rate | 58.0% | 58.1%-0.2pp | 77.8%-19.8pp | 72.5%-14.6pp |
| Annual return | 18.03% | 38.98%-20.9pp | 62.79%-44.8pp | 19.41%-1.4pp |
| Employer contribution / active EE | $1,610 | $1,670-3.6% | $4,154-61.2% | $3,722-56.7% |
| Participant deferral / active EE | $2,586 | $2,650-2.4% | $5,453-52.6% | $5,343-51.6% |
| Admin fee / account holder | $239 | $385-37.9% | $14,116-98.3% | $332-28.2% |