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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 | $23,952 |
Service code 99 PO BOX 30918 · BILLINGS, MT 59116 | Other Fees | $22,676 |
N&K CPAS, INC.2 years Filed as: CPAS HAYNIE & COMPANY Service code 10 1221 W MINERAL AVE STE 202 · LITTLETON, CO 80120 | Accounting | $12,000 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $361 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $58,268 | $60,305-3.4% | $81,780-28.8% | $74,400-21.7% |
| Participation rate | 91.5% | 62.9%+28.6pp | 72.4%+19.1pp | 67.2%+24.3pp |
| Annual return | 15.29% | 16.89%-1.6pp | 776.27%-761.0pp | 1367.51%-1352.2pp |
| Employer contribution / active EE | $1,651 | $2,623-37.1% | $2,914-43.4% | $2,624-37.1% |
| Participant deferral / active EE | $3,266 | $3,390-3.7% | $4,321-24.4% | $4,348-24.9% |
| Admin fee / account holder | $476 | $1,484-67.9% | $7,384-93.6% | $1,944-75.5% |