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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 15 · EIN 84-0467907 | Recordkeeping | $298,593 |
Filed as: RAYMOND JAMES Service code 27 880 CARILLON PARKWAY · ST PETERSBURG, FL 33716 | Advisory (Plan) | $29,610 |
WITHUMSMITH+BROWN, PC5 years Filed as: RUBIN BROWN LLP Service code 10 PO BOX 790379 · ST LOUIS, MO 63179 | Accounting | $12,500 |
Service code 27 100 SOUTH ASHLEY DR · TAMPA, FL 33602 | Advisory (Plan) | $9,641 |
Service code 16 · EIN 34-1820650 | Consulting | $900 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $89,789 | $84,149+6.7% | $130,070-31.0% | $103,657-13.4% |
| Participation rate | 41.5% | 81.0%-39.5pp | 78.5%-37.0pp | 73.4%-31.9pp |
| Annual return | 17.54% | 25.45%-7.9pp | -137.40%+154.9pp | 33.13%-15.6pp |
| Employer contribution / active EE | $1,144 | $2,687-57.4% | $4,322-73.5% | $3,216-64.4% |
| Participant deferral / active EE | $2,352 | $5,201-54.8% | $5,821-59.6% | $5,218-54.9% |
| Admin fee / account holder | $117 | $75+55.3% | $10,600-98.9% | $114+2.2% |