Filed April 23, 2021 (most recent of 6 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INS. CO. OF AMERICA Service code 50 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Direct Payment | $1,302,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $112,537 | $73,283+53.6% | $155,556-27.7% | $106,553+5.6% |
| Participation rate | 65.5% | 73.3%-7.8pp | 78.2%-12.7pp | 69.8%-4.3pp |
| Annual return | 14.66% | 15.76%-1.1pp | 64.84%-50.2pp | 17.37%-2.7pp |
| Employer contribution / active EE | $1,853 | $2,241-17.3% | $4,675-60.4% | $3,359-44.8% |
| Participant deferral / active EE | $5,933 | $4,567+29.9% | $5,631+5.4% | $5,562+6.7% |
| Admin fee / account holder | $42 | $56-24.1% | $15,885-99.7% | $80-46.8% |