Filed January 30, 2020 (most recent of 3 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 13 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Contract Administrator | $412,830 |
Filed as: GALLAGHER BENEFIT SERVICES INC DBA Service code 27 1100 SUPERIOR AVE STE 1700 · CLEVELAND, OH 44114 | Advisory (Plan) | $46,500 |
LUTZ & COMPANY, PC1 year Filed as: LUTZ & COMPANY PC Service code 10 13616 CALIFORNIA ST STE 300 · OMAHA, NE 68154 | Accounting | $25,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $89,489 | $73,283+22.1% | $155,556-42.5% | $106,553-16.0% |
| Participation rate | 65.3% | 73.3%-7.9pp | 78.2%-12.9pp | 69.8%-4.5pp |
| Annual return | 16.64% | 15.76%+0.9pp | 64.84%-48.2pp | 17.37%-0.7pp |
| Employer contribution / active EE | $0 | $2,241-100.0% | $4,675-100.0% | $3,359-100.0% |
| Participant deferral / active EE | $5,530 | $4,567+21.1% | $5,631-1.8% | $5,562-0.6% |
| Admin fee / account holder | $58 | $56+3.2% | $15,885-99.6% | $80-27.5% |