Filed February 9, 2023
| 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 | $95,438+41.5% | $135,998-0.7% | $74,478+81.3% |
| Participation rate | 94.2% | 78.2%+16.0pp | 81.9%+12.3pp | 70.7%+23.5pp |
| Annual return | 15.32% | 32.61%-17.3pp | 68.37%-53.0pp | 34.37%-19.0pp |
| Employer contribution / active EE | $8,997 | $3,878+132.0% | $4,860+85.1% | $2,637+241.2% |
| Participant deferral / active EE | $8,095 | $7,790+3.9% | $7,761+4.3% | $4,530+78.7% |
| Admin fee / account holder | $53 | $259-79.5% | $10,769-99.5% | $347-84.7% |