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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE CO Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $9,072 |
EPIC RETIREMENT PLAN SERVICES2+ years Filed as: RETIREMENT PLAN SOLUTIONS INC Service code 13 535 KEISLER DRIVE · CARY, NC 27518 | Contract Administrator | $3,620 |
Filed as: MERRILL LYNCH PIERCE FENNER Service code 27 1400 AMERICAN BLVD BLDG #4 · PENNINGTON, NJ 08534 | Advisory (Plan) | $2,378 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $124 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $9,063 | $54,679-83.4% | $76,119-88.1% | $74,459-87.8% |
| Participation rate | 52.5% | 60.3%-7.8pp | 69.1%-16.6pp | 67.2%-14.7pp |
| Annual return | 23.02% | 31.90%-8.9pp | 361.25%-338.2pp | 1369.70%-1346.7pp |
| Employer contribution / active EE | $948 | $1,781-46.8% | $2,693-64.8% | $2,626-63.9% |
| Participant deferral / active EE | $1,636 | $3,072-46.7% | $4,259-61.6% | $4,350-62.4% |
| Admin fee / account holder | $152 | $2,238-93.2% | $6,421-97.6% | $1,945-92.2% |