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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD, CO 80111 | Recordkeeping Fees | $24,579 |
MMA SECURITIES LLC2 years Service code 27 PO BOX 9497 · NEW YORK, NY 10087 | Advisory (Plan) | $7,110 |
WELLS THOMAS, LLC2 years Service code 13 469 W MAIN ST · BRANFORD, CT 06405 | Contract Administrator | $1,778 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,935 | $79,209-66.0% | $102,434-73.7% | $74,459-63.8% |
| Participation rate | 54.7% | 74.8%-20.1pp | 76.5%-21.8pp | 67.2%-12.5pp |
| Annual return | 31.89% | 54.98%-23.1pp | 29.46%+2.4pp | 1369.70%-1337.8pp |
| Employer contribution / active EE | $1,293 | $2,362-45.3% | $3,023-57.2% | $2,626-50.8% |
| Participant deferral / active EE | $2,234 | $4,417-49.4% | $5,055-55.8% | $4,350-48.6% |
| Admin fee / account holder | $0 | $2,002-100.0% | $9,462-100.0% | $1,945-100.0% |