Filed January 10, 2018 (most recent of 2 filings on file)
Total covered: 2 employees
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| Provider | Service type | Compensation |
|---|---|---|
NWK GROUP, INC.3 years Filed as: NWK GROUP INC Service code 27 155 MONTGOMERY ST · SAN FRANCISCO, CA 94010 | Advisory (Plan) | $40,322 |
Filed as: CBIZ INC Service code 10 PO BOX 956793 · ST LOUIS, MO 631956793 | Accounting | $17,000 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $14,503 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $259,189 | $138,393+87.3% | $184,256+40.7% | $80,959+220.1% |
| Participation rate | 95.4% | 83.9%+11.5pp | 86.8%+8.6pp | 67.7%+27.7pp |
| Annual return | 12.51% | 20.01%-7.5pp | 28.85%-16.3pp | 35.67%-23.2pp |
| Employer contribution / active EE | $3,305 | $4,847-31.8% | $6,427-48.6% | $2,757+19.9% |
| Participant deferral / active EE | $11,902 | $7,076+68.2% | $9,133+30.3% | $4,300+176.8% |
| Admin fee / account holder | $531 | $10,489-94.9% | $13,899-96.2% | $6,925-92.3% |