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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 | $54,558-83.4% | $76,051-88.1% | $74,400-87.8% |
| Participation rate | 52.5% | 60.3%-7.8pp | 69.1%-16.6pp | 67.2%-14.7pp |
| Annual return | 23.02% | 31.83%-8.8pp | 360.42%-337.4pp | 1367.51%-1344.5pp |
| Employer contribution / active EE | $948 | $1,778-46.7% | $2,690-64.8% | $2,624-63.9% |
| Participant deferral / active EE | $1,636 | $3,065-46.6% | $4,257-61.6% | $4,348-62.4% |
| Admin fee / account holder | $152 | $2,232-93.2% | $6,416-97.6% | $1,944-92.2% |