Filed June 26, 2024
Total covered: 153 employees
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $128,381 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $218,025 | $178,759+22.0% | $102,460+112.8% | $106,553+104.6% |
| Participation rate | 99.2% | 91.3%+8.0pp | 76.5%+22.7pp | 69.8%+29.4pp |
| Annual return | 0.00% | 17.23%-17.2pp | 29.47%-29.5pp | 17.37%-17.4pp |
| Employer contribution / active EE | $6,297 | $5,750+9.5% | $3,025+108.1% | $3,359+87.5% |
| Participant deferral / active EE | $7,752 | $9,466-18.1% | $5,056+53.3% | $5,562+39.4% |
| Admin fee / account holder | $11 | $62-82.4% | $9,460-99.9% | $80-86.3% |