Filed October 5, 2023 (most recent of 4 filings on file)
Total covered: 448 employees
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $26,478 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $3,060 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $74,331 | $130,224-42.9% | $197,124-62.3% | $79,634-6.7% |
| Participation rate | 75.4% | 87.8%-12.4pp | 86.7%-11.3pp | 62.5%+13.0pp |
| Annual return | 22.25% | 23.65%-1.4pp | 44.34%-22.1pp | 36.46%-14.2pp |
| Employer contribution / active EE | $3,090 | $4,314-28.4% | $6,227-50.4% | $2,529+22.2% |
| Participant deferral / active EE | $3,962 | $7,378-46.3% | $9,135-56.6% | $3,835+3.3% |
| Admin fee / account holder | $109 | $254-57.2% | $16,298-99.3% | $1,002-89.1% |