Filed October 24, 2024
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| Provider | Service type | Compensation |
|---|---|---|
DA DAVIDSON & CO5 years Service code 27 8 THIRD ST NORTH · GREAT FALLS, MT 59401 | Advisory (Plan) | $22,878 |
Filed as: EMPOWER ANNUITY INSURANCE CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $21,736 |
BENEFITS2 ADMINISTRATORS LLC2 years Service code 13 · EIN 92-1664169 P.O. BOX 328 · MERIDIAN, ID 83680 | Contract Administrator | $14,653 |
ACCOUNTING PRINCIPALS1 year Filed as: ACCOUNTING PLATFORM BLOCKER Service code 99 1120 S. RACKHAM WY STE, 100 · MERIDIAN, ID 83642 | Other Fees | $14,000 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $5,038 |
Service code 99 1801 CALIFORNIA STREET · DENVER, CA 80202 | Other Fees | $1,756 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,745 | $88,186-48.1% | $165,071-72.3% | $74,459-38.6% |
| Participation rate | 90.7% | 73.1%+17.6pp | 78.6%+12.1pp | 67.2%+23.5pp |
| Annual return | 13.01% | 17.13%-4.1pp | 70.17%-57.2pp | 1369.70%-1356.7pp |
| Employer contribution / active EE | $2,064 | $2,600-20.6% | $4,347-52.5% | $2,626-21.4% |
| Participant deferral / active EE | $4,486 | $4,505-0.4% | $6,035-25.7% | $4,350+3.1% |
| Admin fee / account holder | $356 | $2,234-84.0% | $12,695-97.2% | $1,945-81.7% |