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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 15 · EIN 84-0467907 | Recordkeeping | $434,756 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 26 · EIN 84-1532243 | Advisory (Participants) | $156,153 |
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 | $57,225 | $47,202+21.2% | $93,727-38.9% | $99,313-42.4% |
| Participation rate | 38.5% | 57.3%-18.8pp | 68.7%-30.2pp | 71.7%-33.2pp |
| Annual return | 12.13% | 13.08%-0.9pp | 133.83%-121.7pp | 17.67%-5.5pp |
| Employer contribution / active EE | $838 | $1,134-26.1% | $2,421-65.4% | $3,264-74.3% |
| Participant deferral / active EE | $1,777 | $2,296-22.6% | $4,417-59.8% | $5,346-66.8% |
| Admin fee / account holder | $116 | $86+35.6% | $8,292-98.6% | $109+6.7% |