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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY COMPANY OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $17,495 |
RBC WEALTH MANAGEMENT3 years Filed as: RBC CAPITAL MARKETS, LLC Service code 27 60 S 6TH ST COMMISSIONS ACCTG P -14 · MINNEAPOLIS, MN 55402 | Advisory (Plan) | $15,778 |
Filed as: QUALIFIED RETIREMENT PLAN SERVICES, Service code 13 2724 DISCOVERY DRIV, SUITE 100 · RALEIGH, NC 27616 | Contract Administrator | $5,086 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $43,162 | $109,620-60.6% | $148,496-70.9% | $94,015-54.1% |
| Participation rate | 97.9% | 71.3%+26.7pp | 76.0%+21.9pp | 70.8%+27.1pp |
| Annual return | 9.84% | 17.54%-7.7pp | 12.33%-2.5pp | 17.84%-8.0pp |
| Employer contribution / active EE | $1,507 | $2,618-42.4% | $3,497-56.9% | $2,790-46.0% |
| Participant deferral / active EE | $2,874 | $3,831-25.0% | $4,808-40.2% | $4,249-32.4% |
| Admin fee / account holder | $307 | $10,050-96.9% | $19,547-98.4% | $8,951-96.6% |