Filed May 31, 2019
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| Provider | Service type | Compensation |
|---|---|---|
FISHER INVESTMENTS3 years Filed as: FISHER ASSET MANAGEMENT LLC FISHER Service code 27 PO BOX 8904 · VANCOUVER, WA 986889912 | Advisory (Plan) | $54,605 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $20,022 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $96,869 | $81,504+18.9% | $102,437-5.4% | $80,959+19.7% |
| Participation rate | 71.1% | 66.9%+4.3pp | 74.5%-3.4pp | 67.7%+3.4pp |
| Annual return | 12.44% | 25.60%-13.2pp | 24.95%-12.5pp | 35.67%-23.2pp |
| Employer contribution / active EE | $3,601 | $3,104+16.0% | $3,871-7.0% | $2,757+30.6% |
| Participant deferral / active EE | $6,650 | $3,871+71.8% | $5,060+31.4% | $4,300+54.6% |
| Admin fee / account holder | $732 | $6,719-89.1% | $8,388-91.3% | $6,925-89.4% |