Filed February 9, 2023
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 15 · EIN 84-0467907 | Recordkeeping | $29,065 |
Filed as: QDRO CONSULTANTS Service code 16 · EIN 34-1820650 | Consulting | $300 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $135,010 | $95,417+41.5% | $135,974-0.7% | $74,460+81.3% |
| Participation rate | 94.2% | 78.2%+16.0pp | 81.9%+12.3pp | 70.7%+23.5pp |
| Annual return | 15.32% | 32.76%-17.4pp | 68.30%-53.0pp | 34.38%-19.1pp |
| Employer contribution / active EE | $8,997 | $3,878+132.0% | $4,859+85.2% | $2,638+241.0% |
| Participant deferral / active EE | $8,095 | $7,789+3.9% | $7,760+4.3% | $4,530+78.7% |
| Admin fee / account holder | $53 | $266-80.0% | $10,767-99.5% | $348-84.7% |