Filed February 3, 2023 (most recent of 2 filings on file)
Total covered: 22 employees
| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $1,119,346 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 15 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping | $482,728 |
CROWE LLP5 years Service code 10 155 W NATIONWIDE BLVD, SUITE 500 · COLUMBUS, OH 43215 | Accounting | $70,144 |
AON CONSULTING8 years Filed as: AON CONSULTING INC DBA HEWITT ASSOC Service code 13 1100 REYNOLDS BLVD 4TH FL · WINSTON SALEM, NC 27105 | Contract Administrator | $47,887 |
BDO USA, LLP2 years Filed as: BDO USA LLP Service code 10 5300 PATTERSON AVE SE · GRAND RAPIDS, MI 49512 | Accounting | $40,857 |
Filed as: MASSACHUSETTS MUTAL LIFE INS CO Service code 21 | Bank Trustee | $0 |
Filed as: METROPOLITAN TOWER LIFE INS CO Service code 21 | Bank Trustee | $0 |
Filed as: TRANSAMERICA LIFE INS CO Service code 21 | Bank Trustee | $0 |
Filed as: VOYA RET. INS. AND ANNUITY CO Service code 21 | Bank Trustee | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $108,264 | $244,991-55.8% | $105,624+2.5% | $106,553+1.6% |
| Participation rate | 95.3% | 88.4%+6.9pp | 75.3%+20.0pp | 69.8%+25.5pp |
| Annual return | 11.65% | 13.48%-1.8pp | 116.20%-104.5pp | 17.37%-5.7pp |
| Employer contribution / active EE | $4,481 | $8,816-49.2% | $3,168+41.5% | $3,359+33.4% |
| Participant deferral / active EE | $6,478 | $11,442-43.4% | $5,013+29.2% | $5,562+16.5% |
| Admin fee / account holder | $115 | $88+30.3% | $10,961-99.0% | $80+43.9% |