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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 | $66,459-46.7% | $81,353-56.5% | $77,736-54.5% |
| Participation rate | 32.7% | 68.7%-36.0pp | 69.5%-36.9pp | 70.6%-37.9pp |
| Annual return | 14.55% | 15.95%-1.4pp | 24.82%-10.3pp | 31.26%-16.7pp |
| Employer contribution / active EE | $805 | $2,156-62.7% | $2,464-67.3% | $2,728-70.5% |
| Participant deferral / active EE | $1,450 | $3,674-60.5% | $3,885-62.7% | $4,651-68.8% |
| Admin fee / account holder | $309 | $585-47.3% | $5,766-94.6% | $433-28.8% |