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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 13 · EIN 06-1050034 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Contract Administrator | $97,388 |
Filed as: MORGAN STANLEY Service code 27 1585 BROADWAY · NEW YORK, NY 10036 | Advisory (Plan) | $91,369 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $106,019 | $66,004+60.6% | $81,820+29.6% | $77,714+36.4% |
| Participation rate | 92.7% | 65.8%+26.9pp | 72.4%+20.3pp | 70.6%+22.1pp |
| Annual return | 14.37% | 26.65%-12.3pp | 777.93%-763.6pp | 31.26%-16.9pp |
| Employer contribution / active EE | $6,648 | $2,375+179.9% | $2,915+128.1% | $2,727+143.8% |
| Participant deferral / active EE | $7,424 | $3,508+111.7% | $4,323+71.8% | $4,649+59.7% |
| Admin fee / account holder | $353 | $527-33.0% | $7,391-95.2% | $433-18.5% |