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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 · EIN 84-0467907 | Recordkeeping Fees | $57,360 |
Service code 27 1920 MAIN STREET STE 800 · IRVINE, CA 92614 | Advisory (Plan) | $32,047 |
Service code 27 24 E COTA ST STE 200 · SATNA BARBARA, CA 93101 | Advisory (Plan) | $13,653 |
ASCENSUS LLC2 years Filed as: FUTUREPLAN BY ASCENSUS - KRAVITZ Service code 13 · EIN 95-3207191 | Contract Administrator | $10,000 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $69,011 | $65,092+6.0% | $143,799-52.0% | $66,938+3.1% |
| Participation rate | 93.8% | 65.2%+28.5pp | 80.3%+13.4pp | 69.8%+23.9pp |
| Annual return | -15.64% | -11.14%-4.5pp | -0.04%-15.6pp | 1.58%-17.2pp |
| Employer contribution / active EE | $6,318 | $2,362+167.5% | $4,952+27.6% | $2,545+148.2% |
| Participant deferral / active EE | $6,281 | $2,920+115.1% | $5,638+11.4% | $4,238+48.2% |
| Admin fee / account holder | $426 | $502-15.2% | $14,677-97.1% | $594-28.2% |