Filed August 14, 2025
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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC2 years Filed as: FUTUREPLAN BY ASCENSUS Service code 13 · EIN 82-3719843 200 DRYDEN RD · DRESHER, PA 19025 | Contract Administrator | $24,476 |
Service code 55 | Other Commissions | $22,737 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 62 · EIN 84-0467907 8515 E. ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Float revenue | $16,873 |
ASCENSUS LLC1 year Filed as: ASCENSUS INC Service code 99 | Other Fees | $4,447 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 · EIN 84-0467907 8515 E. ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $1,762 |
ASCENSUS LLC1 year Filed as: ASCENSUS INC. Service code 99 · EIN 82-3719843 200 DRYDEN RD · DRESHER, PA 19025 | Other Fees | $0 |
MORGAN STANLEY SMITH BARNEY9+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 55 · EIN 26-4310844 3280 PEACHTREE RD NE STE 2000 · ATLANTA, GA 30022 | Other Commissions | $0 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $22,366 | $47,163-52.6% | $149,696-85.1% | $74,460-70.0% |
| Participation rate | 94.6% | 63.4%+31.2pp | 78.8%+15.9pp | 70.7%+23.9pp |
| Annual return | 29.96% | 22.75%+7.2pp | 134.46%-104.5pp | 34.38%-4.4pp |
| Employer contribution / active EE | $1,592 | $1,907-16.5% | $4,821-67.0% | $2,638-39.7% |
| Participant deferral / active EE | $3,638 | $2,730+33.2% | $5,682-36.0% | $4,530-19.7% |
| Admin fee / account holder | $143 | $343-58.2% | $13,212-98.9% | $348-58.8% |