Filed November 4, 2016
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| Provider | Service type | Compensation |
|---|---|---|
Service code 33 · EIN 94-1737782 | Securities brokerage commissions and ... | $320,017 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 15 · EIN 84-0467907 | Recordkeeping | $300,779 |
Filed as: CAPFINANCIAL PARTNERS LLC DBA CAPTR Service code 27 4208 SIX FORKS RD STE 1700 · RALEIGH, NC 27609 | Advisory (Plan) | $122,538 |
WARREN AVERETT, LLC5 years Service code 10 2500 ACTON RD · BIRMINGHAM, AL 35243 | Accounting | $18,900 |
Filed as: PRINCIPAL FINANCIAL GROUP Service code 99 711 HIGH ST · DES MOINES, IA 50392 | Other Fees | $7,679 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $317,631 | $95,438+232.8% | $135,998+133.6% | $74,478+326.5% |
| Participation rate | 88.8% | 78.2%+10.6pp | 81.9%+6.9pp | 70.7%+18.1pp |
| Annual return | 17.02% | 32.61%-15.6pp | 68.37%-51.3pp | 34.37%-17.3pp |
| Employer contribution / active EE | $15,328 | $3,878+295.3% | $4,860+215.4% | $2,637+481.3% |
| Participant deferral / active EE | $9,992 | $7,790+28.3% | $7,761+28.7% | $4,530+120.6% |
| Admin fee / account holder | $284 | $259+9.6% | $10,769-97.4% | $347-18.3% |