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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 E. ORCHARD ROAD · GREENWOOD, CO 80111 | Recordkeeping Fees | $169,396 |
HOYLECOHEN LLC4 years Service code 27 9350 WAXIE WY STE 500 · SAN DIEGO, CA 92123 | Advisory (Plan) | $28,897 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GRENWOOD VILLAGE, CO 80111 | Investment Management | $17,532 |
WALLACE PLESE & DREHER, LLP3 years Service code 10 500 N. JUNIPER DR UNIT 275 · CHANDLER, AZ 85226 | Accounting | $5,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $7,957 | $81,301-90.2% | $76,119-89.5% | $199,960-96.0% |
| Participation rate | 63.2% | 70.1%-6.9pp | 69.1%-5.9pp | 72.0%-8.8pp |
| Annual return | 13.82% | 16.31%-2.5pp | 361.25%-347.4pp | 34.28%-20.5pp |
| Employer contribution / active EE | $0 | $3,352-100.0% | $2,693-100.0% | $3,036-100.0% |
| Participant deferral / active EE | $1,169 | $4,721-75.2% | $4,259-72.6% | $5,087-77.0% |
| Admin fee / account holder | $45 | $145-69.3% | $6,421-99.3% | $269-83.5% |