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| Provider | Service type | Compensation |
|---|---|---|
SEBS1 year Service code 13 · EIN 20-5923747 1175 JOHN STREET · WEST HENRIETTA, NY 14586 | Contract Administrator | $8,159 |
Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $6,676 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $61,277 | $85,766-28.6% | $136,298-55.0% | $70,126-12.6% |
| Participation rate | 59.2% | 74.2%-14.9pp | 81.9%-22.7pp | 69.5%-10.3pp |
| Annual return | 13.67% | 31.46%-17.8pp | 5156.27%-5142.6pp | 73.15%-59.5pp |
| Employer contribution / active EE | $2,013 | $2,966-32.1% | $4,696-57.1% | $2,343-14.1% |
| Participant deferral / active EE | $6,217 | $5,051+23.1% | $6,247-0.5% | $3,332+86.6% |
| Admin fee / account holder | $109 | $5,421-98.0% | $9,244-98.8% | $4,645-97.6% |