Filed March 19, 2024 (most recent of 3 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 OF AMERICA · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $45,178 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $43,207 | $45,000-4.0% | $143,797-70.0% | $77,906-44.5% |
| Participation rate | 33.7% | 66.8%-33.1pp | 80.3%-46.6pp | 73.7%-40.0pp |
| Annual return | -13.38% | 29.03%-42.4pp | -0.04%-13.3pp | 12.16%-25.5pp |
| Employer contribution / active EE | $0 | $1,870-100.0% | $4,952-100.0% | $2,846-100.0% |
| Participant deferral / active EE | $2,001 | $3,157-36.6% | $5,638-64.5% | $4,805-58.4% |
| Admin fee / account holder | $54 | $98-45.2% | $14,679-99.6% | $133-59.3% |