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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 | $71,478 |
Filed as: HAUSER RETIREMENT SOLUTIONS 2 LCC Service code 27 5905 E GALBRAITH RD · CINCINNATI, OH 45236 | Advisory (Plan) | $39,874 |
NOVA 401(K) ASSOCIATES1 year Service code 13 10777 NORTHWEST FREEWAY · HOUSTON, TX 77092 | Contract Administrator | $23,468 |
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 | $18,559 | $50,919-63.6% | $155,556-88.1% | $77,762-76.1% |
| Participation rate | 64.1% | 63.1%+1.1pp | 78.2%-14.1pp | 70.6%-6.4pp |
| Annual return | 23.94% | 34.84%-10.9pp | 64.84%-40.9pp | 31.27%-7.3pp |
| Employer contribution / active EE | $2,870 | $1,991+44.1% | $4,675-38.6% | $2,728+5.2% |
| Participant deferral / active EE | $4,663 | $2,824+65.1% | $5,631-17.2% | $4,651+0.3% |
| Admin fee / account holder | $122 | $437-72.1% | $15,885-99.2% | $433-71.9% |