Filed April 23, 2024 (most recent of 4 filings on file)
Total covered: 23 employees
| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE CO Service code 15 · EIN 84-0467907 | Recordkeeping | $3,587,605 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 26 · EIN 84-1532243 | Advisory (Participants) | $2,196,479 |
Filed as: ANNEX ADVISORY SERVICES LLC Service code 26 · EIN 68-0524298 | Advisory (Participants) | $38,094 |
MITCHELL & TITUS, LLP2 years Filed as: MITCHELL & TITUS LLP Service code 29 1101 NEW YORK AVE NE #601 · WASHINGTON, DC 20005 | Legal | $35,970 |
LARSON FINANCIAL GROUP LLC4 years Service code 26 · EIN 20-4773945 | Advisory (Participants) | $28,481 |
Service code 26 · EIN 39-1659836 | Advisory (Participants) | $23,790 |
Service code 26 · EIN 39-1944977 | Advisory (Participants) | $20,690 |
Filed as: CHARLES SCHWAB & CO., INC Service code 26 · EIN 94-1737782 | Advisory (Participants) | $13,881 |
ABOUND WEALTH MANAGEMENT LLC2 years Service code 26 · EIN 81-4120898 | Advisory (Participants) | $13,162 |
Service code 26 · EIN 26-4491863 | Advisory (Participants) | $13,107 |
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 | $93,354 | $68,330+36.6% | $149,740-37.7% | $96,393-3.2% |
| Participation rate | 97.5% | 74.6%+22.9pp | 78.8%+18.7pp | 71.3%+26.2pp |
| Annual return | 18.02% | 29.64%-11.6pp | 134.51%-116.5pp | 22.88%-4.9pp |
| Employer contribution / active EE | $4,099 | $2,139+91.6% | $4,821-15.0% | $3,239+26.6% |
| Participant deferral / active EE | $6,411 | $4,422+45.0% | $5,683+12.8% | $5,455+17.5% |
| Admin fee / account holder | $58 | $52+10.8% | $13,222-99.6% | $74-22.0% |