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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $31,682 |
Service code 27 5968 BRIDGETOWN ROAD · CINCINNATI, OH 45248 | Advisory (Plan) | $8,907 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $17,532 | $41,150-57.4% | $80,627-78.3% | $71,511-75.5% |
| Participation rate | 51.3% | 50.3%+1.0pp | 67.0%-15.7pp | 67.9%-16.6pp |
| Annual return | 28.98% | 38.48%-9.5pp | 936.76%-907.8pp | 28.86%+0.1pp |
| Employer contribution / active EE | $926 | $1,515-38.9% | $2,723-66.0% | $2,589-64.2% |
| Participant deferral / active EE | $2,833 | $2,701+4.9% | $4,443-36.2% | $4,291-34.0% |
| Admin fee / account holder | $248 | $1,841-86.5% | $5,381-95.4% | $1,588-84.4% |