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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSUR CO OF AMERICA Service code 64 · EIN 84-0467907 8515 E ORCHARD RD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $43,550 |
Filed as: MASSACHUSETTS MUTUAL LIFE INS COMP Service code 55 PO BOX 9500 · SPRINFIELD, MA 011029500 | Other Commissions | $16,413 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported that benefits due were not provided when due.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,636 | $69,255-84.6% | $180,320-94.1% | $69,255-84.6% |
| Participation rate | 94.2% | 69.0%+25.2pp | 71.5%+22.7pp | 69.0%+25.2pp |
| Annual return | 11.30% | 26.73%-15.4pp | 778.54%-767.2pp | 26.73%-15.4pp |
| Employer contribution / active EE | $1,638 | $2,645-38.1% | $4,108-60.1% | $2,645-38.1% |
| Participant deferral / active EE | $3,183 | $2,890+10.1% | $4,304-26.1% | $2,890+10.1% |
| Admin fee / account holder | $91 | $733-87.6% | $10,000-99.1% | $733-87.6% |