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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 · EIN 84-0467907 | Recordkeeping Fees | $61,754 |
Filed as: UNITED BANK Service code 27 2071 CHAIN BRIDGE RD · VIENNA, VA 22812 | Advisory (Plan) | $38,939 |
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.
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 | $67,540 | $54,717+23.4% | $86,216-21.7% | $71,511-5.6% |
| Participation rate | 58.1% | 60.1%-2.0pp | 69.0%-10.8pp | 67.9%-9.8pp |
| Annual return | 11.52% | 20.07%-8.5pp | 1169.42%-1157.9pp | 28.86%-17.3pp |
| Employer contribution / active EE | $0 | $1,267-100.0% | $2,382-100.0% | $2,589-100.0% |
| Participant deferral / active EE | $4,070 | $3,110+30.9% | $3,986+2.1% | $4,291-5.1% |
| Admin fee / account holder | $141 | $1,922-92.7% | $6,853-97.9% | $1,588-91.1% |