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| Provider | Service type | Compensation |
|---|---|---|
THE BENEFIT ADVANTAGE, INC.4 years Service code 12 · EIN 38-3254950 | Contract Administrator; Claims proces... | $10,163 |
Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 E ORCHARD RD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $3,955 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $2,201 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,142 | $101,317-53.5% | $146,958-67.9% | $74,495-36.7% |
| Participation rate | 58.7% | 75.5%-16.8pp | 82.2%-23.4pp | 67.2%-8.5pp |
| Annual return | 21.81% | 8730.91%-8709.1pp | 418.34%-396.5pp | 1364.94%-1343.1pp |
| Employer contribution / active EE | $2,028 | $3,810-46.8% | $4,933-58.9% | $2,623-22.7% |
| Participant deferral / active EE | $6,058 | $7,303-17.0% | $8,070-24.9% | $4,346+39.4% |
| Admin fee / account holder | $342 | $1,739-80.3% | $12,998-97.4% | $1,942-82.4% |