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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 | $21,975 |
GLOBAL RETIREMENT PARTNERS LLC6+ years Service code 27 4340 REDWOOD HWY STE B60 · SAN RAFAEL, CA 94903 | Advisory (Plan) | $21,812 |
M2B RETIREMENT CONSULTING LLC6+ years Service code 13 101 BRADFORD RD STE 200 · WEXFORD, PA 15090 | Contract Administrator | $8,653 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $4,491 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,406 | $66,457-46.7% | $81,438-56.5% | $77,671-54.4% |
| Participation rate | 32.7% | 68.7%-36.1pp | 69.5%-36.8pp | 70.6%-37.9pp |
| Annual return | 14.55% | 15.93%-1.4pp | 24.74%-10.2pp | 31.21%-16.7pp |
| Employer contribution / active EE | $805 | $2,159-62.7% | $2,460-67.3% | $2,726-70.5% |
| Participant deferral / active EE | $1,450 | $3,679-60.6% | $3,883-62.7% | $4,648-68.8% |
| Admin fee / account holder | $309 | $583-47.0% | $5,764-94.6% | $430-28.3% |