Filed February 9, 2023
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $51,545 |
Service code 99 3071 PEARL ROAD · MEDINA, OH 44256 | Other Fees | $300 |
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $151,188 | $105,248+43.6% | $147,318+2.6% | $71,012+112.9% |
| Participation rate | 96.7% | 66.1%+30.6pp | 82.1%+14.6pp | 58.6%+38.1pp |
| Annual return | 12.66% | 26.02%-13.4pp | 70.43%-57.8pp | 37.67%-25.0pp |
| Employer contribution / active EE | $4,485 | $3,785+18.5% | $4,593-2.4% | $2,348+91.0% |
| Participant deferral / active EE | $8,384 | $6,452+30.0% | $7,906+6.0% | $3,246+158.3% |
| Admin fee / account holder | $68 | $862-92.1% | $13,708-99.5% | $1,167-94.2% |