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| Provider | Service type | Compensation |
|---|---|---|
MBG RETIREMENT2 years Filed as: MBG RETIREMENT INC Service code 27 11700 KATY FWY STE 1100 · HOUSTON, TX 770791252 | Advisory (Plan) | $15,283 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $4,277 |
Service code 16 3071 PEARL ROAD · MEDINA, OH 44256 | Consulting | $400 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $307 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $68,190 | $65,390+4.3% | $169,368-59.7% | $71,457-4.6% |
| Participation rate | 50.8% | 67.0%-16.2pp | 77.1%-26.4pp | 67.9%-17.2pp |
| Annual return | 12.57% | 21.31%-8.7pp | 405.60%-393.0pp | 28.85%-16.3pp |
| Employer contribution / active EE | $1,217 | $2,079-41.5% | $4,013-69.7% | $2,588-53.0% |
| Participant deferral / active EE | $2,427 | $4,367-44.4% | $6,221-61.0% | $4,289-43.4% |
| Admin fee / account holder | $223 | $1,324-83.2% | $9,003-97.5% | $1,587-86.0% |