Filed December 22, 2023
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: WOODBURY FINANCIAL SERVICES, INC. Service code 27 7755 3RD ST N · OAKDALE, MN 55128 | Advisory (Plan) | $12,842 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $7,391 |
JACKSON KELLY PLLC1 year Service code 13 · EIN 55-0394215 PO BOX 553 · CHARLESTON, WV 25322 | Contract Administrator | $1,055 |
Service code 99 1801 CALIFORNIA STREET · DENVER, CO 80202 | Other Fees | $1,027 |
Filed as: EMPOWER ANNUITY INSURANCE CO OF AME Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $57,507 | $65,125-11.7% | $143,797-60.0% | $66,949-14.1% |
| Participation rate | 58.6% | 65.2%-6.6pp | 80.3%-21.7pp | 69.8%-11.3pp |
| Annual return | 13.21% | -11.13%+24.3pp | -0.04%+13.3pp | 1.57%+11.6pp |
| Employer contribution / active EE | $1,929 | $2,362-18.4% | $4,952-61.1% | $2,545-24.2% |
| Participant deferral / active EE | $3,363 | $2,920+15.2% | $5,638-40.4% | $4,239-20.7% |
| Admin fee / account holder | $184 | $503-63.4% | $14,679-98.7% | $594-69.0% |