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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INS. CO. OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $92,749 |
FIRST HORIZON ADVISORS INC2 years Filed as: FIRST HORIZON ADVISORS INC. Service code 27 530 OAK COURT DR. · MEMPHIS, TN 38117 | Advisory (Plan) | $62,563 |
ACUFF & ASSOCIATES, INC.1 year Filed as: ACUFF & ASSOCIATES INC Service code 13 320 SEVEN SPRINGS WY STE 115 · BRENTWOOD, TN 37027 | Contract Administrator | $4,140 |
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.)
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $85,121 | $89,123-4.5% | $102,460-16.9% | $77,762+9.5% |
| Participation rate | 57.8% | 80.9%-23.2pp | 76.5%-18.7pp | 70.6%-12.8pp |
| Annual return | 12.81% | 25.05%-12.2pp | 29.47%-16.7pp | 31.27%-18.5pp |
| Employer contribution / active EE | $2,910 | $2,700+7.8% | $3,025-3.8% | $2,728+6.7% |
| Participant deferral / active EE | $2,922 | $5,148-43.2% | $5,056-42.2% | $4,651-37.2% |
| Admin fee / account holder | $404 | $236+71.1% | $9,460-95.7% | $433-6.8% |