| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 13 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Contract Administrator | $300,697 |
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 | $33,123 | $73,283-54.8% | $155,556-78.7% | $106,553-68.9% |
| Participation rate | 68.3% | 73.3%-4.9pp | 78.2%-9.9pp | 69.8%-1.5pp |
| Annual return | 13.90% | 15.76%-1.9pp | 64.84%-50.9pp | 17.37%-3.5pp |
| Employer contribution / active EE | $1,849 | $2,241-17.5% | $4,675-60.5% | $3,359-45.0% |
| Participant deferral / active EE | $0 | $4,567-100.0% | $5,631-100.0% | $5,562-100.0% |
| Admin fee / account holder | $11 | $56-81.0% | $15,885-99.9% | $80-86.7% |