Filed September 25, 2018
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 28 8515 EAST ORCHARD RD · GREENWOD VILLAGE, CO 80111 | Investment Management | $72,088 |
Filed as: COLLABORATIVE WEALTH MANAGEMENT Service code 27 972 INTERNATIONAL PKWY · LAKE MARY, FL 32746 | Advisory (Plan) | $61,198 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $30,425 |
BATES & COMPANY, INC.4 years Filed as: BATES & COMPANY INC Service code 13 1201 S ORLANDO AVE · WINTER PARK, FL 32789 | Contract Administrator | $23,385 |
Service code 27 1801 CALIFORNIA STREET · DENVER, CO 80202 | Advisory (Plan) | $6,739 |
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 | $47,142 | $55,694-15.4% | $81,882-42.4% | $200,096-76.4% |
| Participation rate | 24.2% | 62.7%-38.4pp | 72.4%-48.2pp | 72.0%-47.8pp |
| Annual return | 21.19% | 19.59%+1.6pp | 779.47%-758.3pp | 34.26%-13.1pp |
| Employer contribution / active EE | $854 | $2,114-59.6% | $2,916-70.7% | $3,038-71.9% |
| Participant deferral / active EE | $1,941 | $3,299-41.2% | $4,323-55.1% | $5,090-61.9% |
| Admin fee / account holder | $234 | $348-32.9% | $7,360-96.8% | $269-13.3% |