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| Provider | Service type | Compensation |
|---|---|---|
FARMER & BETTS2 years Filed as: FARMER & BETTS, INC. Service code 13 6010 20TH STREET EAST, SUITE 1 · TACOMA, WA 98424 | Contract Administrator | $14,000 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $6,007 |
FARMER & BETTS2 years Service code 13 | Contract Administrator | $3,073 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $1,654 |
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 | $24,595 | $83,090-70.4% | $130,062-81.1% | $71,529-65.6% |
| Participation rate | 76.3% | 74.1%+2.2pp | 78.5%-2.2pp | 67.9%+8.4pp |
| Annual return | 15.28% | 20.61%-5.3pp | -137.37%+152.7pp | 28.97%-13.7pp |
| Employer contribution / active EE | $2,044 | $2,624-22.1% | $4,322-52.7% | $2,590-21.1% |
| Participant deferral / active EE | $3,183 | $4,436-28.2% | $5,821-45.3% | $4,291-25.8% |
| Admin fee / account holder | $207 | $1,727-88.0% | $10,601-98.1% | $1,588-87.0% |