Filed February 18, 2024
Total covered: 14 employees
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $32,473 |
PROSPERA FINANCIAL SERVICES10+ years Filed as: PROSPERA FINANCIAL Service code 27 · EIN 75-1832551 | Advisory (Plan) | $26,686 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $6,216 |
ARMANINO LLP5 years Filed as: ARMANINO, LLP Service code 17 · EIN 94-6214841 | Pension Consulting | $3,466 |
Filed as: EMPOWER FINANCIAL SERVICES INC Service code 59 8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Shareholder Servicing | $30 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $35,025 | $106,264-67.0% | $147,117-76.2% | $77,762-55.0% |
| Participation rate | 91.5% | 78.4%+13.1pp | 82.2%+9.3pp | 70.6%+20.9pp |
| Annual return | 15.96% | 56.94%-41.0pp | 420.54%-404.6pp | 31.27%-15.3pp |
| Employer contribution / active EE | $339 | $4,074-91.7% | $4,932-93.1% | $2,728-87.6% |
| Participant deferral / active EE | $5,488 | $8,003-31.4% | $8,065-31.9% | $4,651+18.0% |
| Admin fee / account holder | $176 | $334-47.5% | $12,993-98.6% | $433-59.4% |