Filed October 27, 2023
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 9-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $52,400 |
Service code 99 4340 REDWOOD HWY · SAN RAFAEL, CA 94903 | Other Fees | $33,052 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $2,608 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,730 | $72,303-68.6% | $86,698-73.8% | $64,824-64.9% |
| Participation rate | 95.8% | 80.4%+15.4pp | 76.6%+19.2pp | 71.5%+24.3pp |
| Annual return | -17.96% | 392.77%-410.7pp | 35.96%-53.9pp | 32.84%-50.8pp |
| Employer contribution / active EE | $842 | $2,393-64.8% | $2,837-70.3% | $2,507-66.4% |
| Participant deferral / active EE | $2,992 | $4,660-35.8% | $4,656-35.7% | $4,311-30.6% |
| Admin fee / account holder | $155 | $174-10.9% | $7,492-97.9% | $188-17.5% |