Filed June 1, 2023
| Provider | Service type | Compensation |
|---|---|---|
Service code 60 · EIN 04-2647786 | Sub-TA Fees | $65,314 |
MMA SECURITIES LLC2 years Service code 27 · EIN 22-3570392 | Advisory (Plan) | $10,294 |
Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $44 |
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $5,260 | $117,734-95.5% | $115,752-95.5% | $77,958-93.3% |
| Participation rate | 93.6% | 82.0%+11.6pp | 77.8%+15.9pp | 71.6%+22.0pp |
| Annual return | 21.97% | 17.65%+4.3pp | 19.41%+2.6pp | 20.87%+1.1pp |
| Employer contribution / active EE | $4,855 | $2,736+77.5% | $3,492+39.0% | $2,310+110.1% |
| Participant deferral / active EE | $0 | $4,435-100.0% | $5,204-100.0% | $3,537-100.0% |
| Admin fee / account holder | $27 | $75-64.3% | $6,278-99.6% | $97-72.6% |