| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INS. COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $2,243,314 |
NEXTEP, INC8 years Filed as: NEXTEP INC Service code 14 1800 N INTERSTATE DR · NORMAN, OK 73072 | Plan Administrator | $506,181 |
MMLIS1 year Service code 55 1295 STATE ST · SPRINGFIELD, MA 01111 | Other Commissions | $225,355 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $64,015 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $57,654 | $128,169-55.0% | $147,117-60.8% | $106,553-45.9% |
| Participation rate | 32.6% | 67.3%-34.8pp | 82.2%-49.6pp | 69.8%-37.3pp |
| Annual return | 15.93% | 17.88%-2.0pp | 420.54%-404.6pp | 17.37%-1.4pp |
| Employer contribution / active EE | $1,106 | $3,374-67.2% | $4,932-77.6% | $3,359-67.1% |
| Participant deferral / active EE | $2,765 | $7,665-63.9% | $8,065-65.7% | $5,562-50.3% |
| Admin fee / account holder | $254 | $88+188.3% | $12,993-98.0% | $80+218.7% |