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 | $53,292 |
Service code 27 972 INTERNATIONAL PKWY · LAKE MARY, FL 32789 | Advisory (Plan) | $39,605 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $20,137 |
BATES & COMPANY, INC.3 years Filed as: BATES & COMPANY INC Service code 13 1201 S ORLANDO AVE · WINTER PARK, FL 32789 | Contract Administrator | $18,075 |
Service code 27 1801 CALIFORNIA STREET · DENVER, CO 80202 | Advisory (Plan) | $4,920 |
ASCENSUS LLC3 years Filed as: ASCENSUS HOLDINGS INC DBA FUTUREPLA Service code 13 · EIN 82-3719843 | Contract Administrator | $0 |
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 | $36,877 | $52,960-30.4% | $86,656-57.4% | $80,169-54.0% |
| Participation rate | 25.4% | 62.4%-37.0pp | 71.7%-46.3pp | 72.9%-47.6pp |
| Annual return | 20.52% | 24.84%-4.3pp | 593.09%-572.6pp | 40.39%-19.9pp |
| Employer contribution / active EE | $779 | $2,138-63.6% | $3,025-74.3% | $2,978-73.9% |
| Participant deferral / active EE | $1,775 | $3,226-45.0% | $4,439-60.0% | $5,016-64.6% |
| Admin fee / account holder | $117 | $113+3.3% | $5,619-97.9% | $145-19.3% |