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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $21,609 |
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $11,800 |
LANE GORMAN TRUBITT, PLLC2+ years Service code 10 2626 HOWELL ST STE 700 · DALLAS, TX 75204 | Accounting | $11,250 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,302 | $37,213-66.9% | $156,551-92.1% | $63,975-80.8% |
| Participation rate | 33.2% | 65.0%-31.8pp | 84.0%-50.8pp | 71.1%-37.9pp |
| Annual return | 6.85% | 47.89%-41.0pp | 32.23%-25.4pp | 48.65%-41.8pp |
| Employer contribution / active EE | $212 | $1,357-84.4% | $5,501-96.1% | $2,182-90.3% |
| Participant deferral / active EE | $715 | $2,070-65.5% | $4,871-85.3% | $3,356-78.7% |
| Admin fee / account holder | $39 | $56-31.0% | $13,028-99.7% | $70-44.8% |