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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 | $94,436-54.3% | $115,599-62.7% | $82,637-47.8% |
| Participation rate | 97.9% | 70.4%+27.5pp | 74.3%+23.7pp | 68.1%+29.9pp |
| Annual return | 9.84% | 18.37%-8.5pp | 111.10%-101.3pp | 53.51%-43.7pp |
| Employer contribution / active EE | $1,507 | $2,324-35.2% | $2,955-49.0% | $2,552-41.0% |
| Participant deferral / active EE | $2,874 | $3,955-27.3% | $4,889-41.2% | $4,126-30.4% |
| Admin fee / account holder | $307 | $10,328-97.0% | $12,841-97.6% | $7,339-95.8% |