Filed October 8, 2025
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUNITY INSURANCE COMPANY Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $124,594 |
Service code 27 1400 AMERICAN BOULEVARD, BLDG 4 · PENNINGTON, NJ 08534 | Advisory (Plan) | $40,000 |
DEFINITI LLC5 years Filed as: DEFINITI, LLC Service code 13 | Contract Administrator | $25,395 |
TEMPLETON & COMPANY LLP1 year Filed as: TEMPLETON & COMPANY, LLP Service code 10 · EIN 14-1918990 222 LAKEVIEW AVENUE · WEST PALM BEACH, FL 33401 | Accounting | $12,000 |
DEFINITI LLC4 years Filed as: DEFINITI Service code 13 · EIN 85-0833363 3 HOLLAND STREET · ERIE, PA 16507 | Contract Administrator | $5,725 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $192,455 | $106,264+81.1% | $147,117+30.8% | $77,762+147.5% |
| Participation rate | 63.8% | 78.4%-14.6pp | 82.2%-18.4pp | 70.6%-6.8pp |
| Annual return | 14.56% | 56.94%-42.4pp | 420.54%-406.0pp | 31.27%-16.7pp |
| Employer contribution / active EE | $1,446 | $4,074-64.5% | $4,932-70.7% | $2,728-47.0% |
| Participant deferral / active EE | $8,804 | $8,003+10.0% | $8,065+9.2% | $4,651+89.3% |
| Admin fee / account holder | $427 | $334+27.8% | $12,993-96.7% | $433-1.3% |