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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 15 · EIN 84-0467907 | Recordkeeping | $412,599 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 26 · EIN 84-1532243 | Advisory (Participants) | $125,644 |
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 | $52,822 | $40,592+30.1% | $86,251-38.8% | $103,657-49.0% |
| Participation rate | 37.4% | 58.1%-20.7pp | 69.0%-31.5pp | 73.4%-36.0pp |
| Annual return | 15.83% | 18.32%-2.5pp | 1170.54%-1154.7pp | 33.13%-17.3pp |
| Employer contribution / active EE | $805 | $974-17.3% | $2,381-66.2% | $3,216-75.0% |
| Participant deferral / active EE | $1,660 | $2,072-19.9% | $3,987-58.4% | $5,218-68.2% |
| Admin fee / account holder | $118 | $85+38.7% | $6,857-98.3% | $114+3.0% |