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| Provider | Service type | Compensation |
|---|---|---|
MAGNOLIA CAPITAL ADVISORS2+ years Service code 27 4500 I-55 NORTH STE 291 · JACKSON, MS 39211 | Advisory (Plan) | $109,422 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $31,157 |
AZALEA ADMINISTRATION LLC2+ years Filed as: AZALEA ADMINISTRATION Service code 13 P.O. BOX 180293 · MOBILE, AL 366180293 | Contract Administrator | $25,708 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $388 |
Filed as: EMPOWER FINANCIAL SERVICES, INC. Service code 33 8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Shareholder servicing fees; Securitie... | $75 |
Filed as: GWFS EQUITIES INC. Service code 33 | Shareholder servicing fees; Securitie... | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $228,078 | $55,446+311.3% | $155,574+46.6% | $74,429+206.4% |
| Participation rate | 92.0% | 61.9%+30.1pp | 78.2%+13.8pp | 67.2%+24.8pp |
| Annual return | 13.13% | 269.20%-256.1pp | 64.87%-51.7pp | 1368.38%-1355.3pp |
| Employer contribution / active EE | $9,102 | $2,266+301.6% | $4,676+94.7% | $2,625+246.7% |
| Participant deferral / active EE | $5,891 | $2,836+107.7% | $5,629+4.7% | $4,348+35.5% |
| Admin fee / account holder | $636 | $1,743-63.5% | $15,914-96.0% | $1,944-67.3% |