| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 25 · EIN 06-1050034 | Directed Trustee | $1,232,535 |
ZENITH AMERICAN SOLUTIONS8 years Service code 13 · EIN 52-1590516 | Contract Administrator | $593,200 |
WITHUMSMITH+BROWN, PC3 years Service code 10 · EIN 22-2027092 | Accounting | $408,030 |
MORGAN STANLEY SMITH BARNEY7 years Filed as: MORGAN LEWIS BOCKIUS LLP Service code 29 · EIN 23-0891050 | Legal | $381,000 |
ALAN BILLER & ASSOCIATES7 years Filed as: ALAN D BILLER ASSOCIATES Service code 27 535 MIDDLEFIELD ROAD · MELON PARK, CA 94025 | Advisory (Plan) | $94,000 |
INTERNATIONAL BROTHERHOOD OF TEAMST10+ years Filed as: INTERNATIONAL BROTHER OF TEAMSTERS Service code 35 · EIN 53-0215427 | Employee (plan sponsor); Direct payme... | $25,848 |
FEINBERG, DUMONT & BRENNAN3 years Filed as: FEINBERG DUMONT BRENNAN Service code 29 177 MILK STREET · BOSTON, MA 02109 | Legal | $14,791 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $49,499 | $140,910-64.9% | $76,030-34.9% | $106,553-53.5% |
| Participation rate | 11.5% | 64.1%-52.6pp | 69.1%-57.5pp | 69.8%-58.3pp |
| Annual return | 12.76% | 16.51%-3.8pp | 361.54%-348.8pp | 17.37%-4.6pp |
| Employer contribution / active EE | $168 | $5,354-96.9% | $2,688-93.7% | $3,359-95.0% |
| Participant deferral / active EE | $395 | $5,004-92.1% | $4,257-90.7% | $5,562-92.9% |
| Admin fee / account holder | $100 | $117-14.7% | $6,421-98.4% | $80+25.6% |