Filed July 20, 2016 (most recent of 3 filings on file)
Total covered: 6 employees
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 13 · EIN 84-0467907 | Contract Administrator | $69,668 |
EDWARD JONES4+ years Service code 27 · EIN 43-0345811 | Advisory (Plan) | $26,271 |
WIPFLI LLP1 year Service code 13 · EIN 39-0758449 | Contract Administrator | $19,465 |
NOVA 401(K) ASSOCIATES4+ years Service code 13 · EIN 20-1181458 | Contract Administrator | $5,133 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $29,622 | $47,163-37.2% | $149,696-80.2% | $74,460-60.2% |
| Participation rate | 57.5% | 63.4%-5.9pp | 78.8%-21.2pp | 70.7%-13.2pp |
| Annual return | 17.39% | 22.75%-5.4pp | 134.46%-117.1pp | 34.38%-17.0pp |
| Employer contribution / active EE | $1,286 | $1,907-32.5% | $4,821-73.3% | $2,638-51.2% |
| Participant deferral / active EE | $2,222 | $2,730-18.6% | $5,682-60.9% | $4,530-50.9% |
| Admin fee / account holder | $223 | $343-35.1% | $13,212-98.3% | $348-36.0% |