Filed December 14, 2017
Total covered: 15 employees
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER LIFE & ANNUITY INSURANCE CO Service code 15 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping | $54,234 |
SAGEVIEW ADVISORY GROUP, LLC7 years Service code 27 1920 MAIN ST STE 800 · IRVINE, CA 92614 | Advisory (Plan) | $42,273 |
WITHUMSMITH+BROWN, PC5 years Filed as: BROWN SCHULTZ SHERIDAN & FRITZ Service code 10 210 GRANDVIEW AVE · CAMP HILL, PA 17011 | Accounting | $7,500 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $166,187 | $102,661+61.9% | $151,645+9.6% | $66,949+148.2% |
| Participation rate | 95.8% | 85.5%+10.2pp | 87.5%+8.3pp | 69.8%+25.9pp |
| Annual return | -16.68% | -10.81%-5.9pp | 3.34%-20.0pp | 1.57%-18.2pp |
| Employer contribution / active EE | $5,084 | $4,184+21.5% | $6,165-17.5% | $2,545+99.7% |
| Participant deferral / active EE | $7,300 | $6,645+9.9% | $8,363-12.7% | $4,239+72.2% |
| Admin fee / account holder | $458 | $630-27.3% | $11,614-96.1% | $594-22.8% |