Filed August 1, 2023
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| Provider | Service type | Compensation |
|---|---|---|
PASI, LLC1 year Service code 13 | Contract Administrator | $24,364 |
CETERA ADVISOR NETWORKS LLC6 years Filed as: CETERA ADVISOR NETWORKS, LLC Service code 27 · EIN 95-3845382 200 N SEPULVEDA BLVD STE 1300 · EL SEGUNDO, CA 90245 | Advisory (Plan) | $19,821 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $6,622 |
MORNINGSTAR8+ years Service code 26 · EIN 36-3297908 22 WEST WASHINGTON STREET · CHICAGO, IL 60602 | Advisory (Participants) | $3,452 |
Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $3,135 |
PASI, LLC2 years Filed as: PASI Service code 13 · EIN 26-1407927 10 TALCOTT NOTCH RD · FARMINGTON, CT 06032 | Contract Administrator | $1,995 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,470 | $102,661-56.7% | $151,639-70.7% | $66,938-33.6% |
| Participation rate | 77.0% | 85.5%-8.6pp | 87.5%-10.5pp | 69.8%+7.2pp |
| Annual return | -15.74% | -10.81%-4.9pp | 3.34%-19.1pp | 1.58%-17.3pp |
| Employer contribution / active EE | $1,607 | $4,184-61.6% | $6,165-73.9% | $2,545-36.9% |
| Participant deferral / active EE | $2,816 | $6,645-57.6% | $8,363-66.3% | $4,238-33.5% |
| Admin fee / account holder | $240 | $630-62.0% | $11,613-97.9% | $594-59.6% |