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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 E. ORCHARD RD. · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $70,191 |
Filed as: GLOBAL RETIREMENT PARTNERS, LLC Service code 27 4340 REDWOOD HWY, STE B60 · SAN RAFAEL, CA 94903 | Advisory (Plan) | $37,363 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 E. ORCHARD RD. · GREENWOOD VILLAGE, CO 80111 | Investment Management | $8,725 |
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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $36,682 | $106,230-65.5% | $147,080-75.1% | $77,736-52.8% |
| Participation rate | 36.3% | 78.4%-42.1pp | 82.2%-45.9pp | 70.6%-34.3pp |
| Annual return | 14.86% | 56.91%-42.0pp | 420.17%-405.3pp | 31.26%-16.4pp |
| Employer contribution / active EE | $0 | $4,072-100.0% | $4,933-100.0% | $2,728-100.0% |
| Participant deferral / active EE | $3,885 | $8,001-51.4% | $8,066-51.8% | $4,651-16.5% |
| Admin fee / account holder | $247 | $338-26.9% | $12,989-98.1% | $433-42.9% |