Filed October 4, 2021
Total covered: 0 employees
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 15 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping | $211,940 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 26 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Advisory (Participants) | $75,466 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,289 | $104,544-50.0% | $96,544-45.8% | $80,169-34.8% |
| Participation rate | 99.1% | 86.4%+12.7pp | 76.0%+23.1pp | 72.9%+26.2pp |
| Annual return | 18.51% | 21.79%-3.3pp | 25.88%-7.4pp | 40.39%-21.9pp |
| Employer contribution / active EE | $6,287 | $3,527+78.2% | $2,966+111.9% | $2,978+111.1% |
| Participant deferral / active EE | $6,478 | $6,170+5.0% | $4,851+33.5% | $5,016+29.1% |
| Admin fee / account holder | $102 | $107-4.6% | $8,254-98.8% | $145-29.7% |