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| Provider | Service type | Compensation |
|---|---|---|
Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 50 · EIN 84-0467907 | Direct Payment | $7,867 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $13,060 | $48,576-73.1% | $169,452-92.3% | $56,289-76.8% |
| Participation rate | 43.9% | 65.8%-22.0pp | 77.8%-33.9pp | 69.9%-26.0pp |
| Annual return | -6.04% | -2.51%-3.5pp | 1.83%-7.9pp | -9.96%+3.9pp |
| Employer contribution / active EE | $653 | $1,559-58.1% | $4,157-84.3% | $2,111-69.1% |
| Participant deferral / active EE | $959 | $3,275-70.7% | $5,277-81.8% | $3,350-71.4% |
| Admin fee / account holder | $102 | $435-76.5% | $9,110-98.9% | $521-80.4% |