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| Provider | Service type | Compensation |
|---|---|---|
Filed as: GREAT-WEST LIFE & INSURANCE COMPANY Service code 15 · EIN 84-0467907 | Recordkeeping | $39,206 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $81,202 | $62,324+30.3% | $68,509+18.5% | $55,191+47.1% |
| Participation rate | 63.0% | 78.9%-15.9pp | 74.7%-11.8pp | 69.2%-6.2pp |
| Annual return | 0.19% | 4.26%-4.1pp | 8.27%-8.1pp | 10.78%-10.6pp |
| Employer contribution / active EE | $956 | $2,223-57.0% | $2,278-58.0% | $1,899-49.7% |
| Participant deferral / active EE | $2,685 | $3,425-21.6% | $3,382-20.6% | $3,046-11.9% |
| Admin fee / account holder | $93 | $91+1.7% | $5,275-98.2% | $91+2.3% |