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| Provider | Service type | Compensation |
|---|---|---|
PROSPERITY BANK3 years Filed as: PROSPERITY WEALTH MANAGEMENT Service code 27 2333 SAN RAMON VALLEY BLVD., STE 20 · SAN RAMON, CA 94583 | Advisory (Plan) | $42,380 |
Filed as: EMPOWER ANNUITY INSURANCE CO. Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $23,069 |
HEARD MCELROY & VESTAL, LLC5 years Filed as: HEARD, MCELROY & VESTAL, LLC Service code 13 P.O. BOX 1607 · SHREVEPORT, LA 711651607 | Contract Administrator | $6,633 |
Filed as: EMPOWER ADVISORY GROUP,LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $149 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $117,042 | $88,203+32.7% | $165,100-29.1% | $74,478+57.2% |
| Participation rate | 95.6% | 73.1%+22.5pp | 78.6%+17.0pp | 67.2%+28.4pp |
| Annual return | 23.71% | 17.13%+6.6pp | 70.21%-46.5pp | 1370.56%-1346.9pp |
| Employer contribution / active EE | $2,033 | $2,601-21.8% | $4,348-53.2% | $2,626-22.6% |
| Participant deferral / active EE | $5,506 | $4,505+22.2% | $6,035-8.8% | $4,350+26.6% |
| Admin fee / account holder | $585 | $2,235-73.8% | $12,696-95.4% | $1,946-69.9% |