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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $18,992 |
NFP RETIREMENT INC2 years Filed as: NFP RETIREMENT INC. Service code 13 · EIN 33-0905143 120 VANTIS STE 400 · ALISO VIEJO, CA 926562689 | Contract Administrator | $11,666 |
NFP RETIREMENT INC2 years Service code 13 | Contract Administrator | $4,220 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $3,692 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported that benefits due were not provided when due.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,763 | $86,949-55.4% | $102,460-62.2% | $80,959-52.1% |
| Participation rate | 93.1% | 72.4%+20.7pp | 76.5%+16.5pp | 67.7%+25.4pp |
| Annual return | 11.14% | 18.89%-7.8pp | 29.47%-18.3pp | 35.67%-24.5pp |
| Employer contribution / active EE | $1,411 | $2,370-40.4% | $3,025-53.3% | $2,757-48.8% |
| Participant deferral / active EE | $1,204 | $4,121-70.8% | $5,056-76.2% | $4,300-72.0% |
| Admin fee / account holder | $320 | $8,048-96.0% | $9,460-96.6% | $6,925-95.4% |