| 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 | $41,155-57.4% | $80,669-78.3% | $71,535-75.5% |
| Participation rate | 51.3% | 50.2%+1.1pp | 67.0%-15.7pp | 67.9%-16.6pp |
| Annual return | 28.98% | 38.53%-9.5pp | 937.61%-908.6pp | 28.97%0pp |
| Employer contribution / active EE | $926 | $1,513-38.8% | $2,724-66.0% | $2,590-64.3% |
| Participant deferral / active EE | $2,833 | $2,700+4.9% | $4,444-36.3% | $4,292-34.0% |
| Admin fee / account holder | $248 | $1,842-86.5% | $5,384-95.4% | $1,589-84.4% |