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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $11,021 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INC DBA 00 MORNINGSTA Service code 99 5904 PAYSPHERE CIRCLE · CHICAGO, IL 60674 | Other Fees | $189 |
Filed as: EMPOWER ADIVSORY GROUP LLC Service code 28 8515 EAST ORCHID ROAD · GREEENWOOD VILLAGE, CO 80111 | Investment Management | $94 |
Filed as: MML INVESTORS SERVICES LLC Service code 55 PO BOX 9500 · SPRINGFIELD, ME 01102 | Other Commissions | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $9,523 | $44,984-78.8% | $85,009-88.8% | $74,546-87.2% |
| Participation rate | 65.9% | 49.4%+16.5pp | 67.5%-1.6pp | 67.2%-1.3pp |
| Annual return | 42.63% | 26.25%+16.4pp | 66.47%-23.8pp | 1366.03%-1323.4pp |
| Employer contribution / active EE | $936 | $1,458-35.8% | $2,728-65.7% | $2,624-64.3% |
| Participant deferral / active EE | $1,554 | $2,733-43.1% | $4,522-65.6% | $4,347-64.3% |
| Admin fee / account holder | $74 | $2,208-96.6% | $6,153-98.8% | $1,944-96.2% |