Filed September 25, 2018
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $52,167 |
Service code 27 972 INTERNATIONAL PKWY · LAKE MARY, FL 32789 | Advisory (Plan) | $45,188 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $16,380 |
BATES & COMPANY, INC.2 years Filed as: BATES & COMPANY INC Service code 13 1201 S ORLANDO AVE · WINTER PARK, FL 32789 | Contract Administrator | $12,000 |
Service code 27 1801 CALIFORNIA STREET · DENVER, CO 80202 | Advisory (Plan) | $4,277 |
ASCENSUS LLC2 years Filed as: ASCENSUS HOLDINGS INC DBA FUTUREPLA Service code 13 · EIN 82-3719843 | Contract Administrator | -$75 |
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 | $29,527 | $43,236-31.7% | $82,763-64.3% | $77,906-62.1% |
| Participation rate | 32.0% | 64.2%-32.2pp | 72.6%-40.5pp | 73.7%-41.7pp |
| Annual return | -15.56% | 2.40%-18.0pp | 702.45%-718.0pp | 12.16%-27.7pp |
| Employer contribution / active EE | $429 | $1,924-77.7% | $3,008-85.7% | $2,846-84.9% |
| Participant deferral / active EE | $2,113 | $3,069-31.2% | $4,395-51.9% | $4,805-56.0% |
| Admin fee / account holder | $150 | $102+46.1% | $5,325-97.2% | $133+12.9% |