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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 | $17,464 |
NFP RETIREMENT INC1 year Filed as: NFP RETIREMENT INC. Service code 13 · EIN 33-0905143 120 VANTIS STE 400 · ALISO VIEJO, CA 926562689 | Contract Administrator | $11,809 |
NFP RETIREMENT INC1 year Service code 13 | Contract Administrator | $3,922 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $2,219 |
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.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $31,688 | $80,992-60.9% | $96,534-67.2% | $75,173-57.8% |
| Participation rate | 100.0% | 71.8%+28.2pp | 76.0%+24.0pp | 67.2%+32.8pp |
| Annual return | 15.16% | 27.05%-11.9pp | 25.88%-10.7pp | 160.72%-145.6pp |
| Employer contribution / active EE | $1,339 | $2,283-41.3% | $2,965-54.8% | $2,671-49.9% |
| Participant deferral / active EE | $937 | $3,929-76.2% | $4,851-80.7% | $4,126-77.3% |
| Admin fee / account holder | $306 | $6,717-95.4% | $8,253-96.3% | $5,651-94.6% |