Filed April 4, 2016
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| Provider | Service type | Compensation |
|---|---|---|
Service code 27 1400 AMERICAN BLVD BLDG #4 · PENNINGTON, NJ 08534 | Advisory (Plan) | $47,863 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $25,131 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $8,681 |
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,378 | $69,823-50.8% | $77,183-55.5% | $74,440-53.8% |
| Participation rate | 93.0% | 70.0%+23.0pp | 69.6%+23.5pp | 70.7%+22.3pp |
| Annual return | 8.52% | 19.99%-11.5pp | 37.89%-29.4pp | 34.37%-25.9pp |
| Employer contribution / active EE | $1,397 | $2,148-35.0% | $2,534-44.9% | $2,638-47.1% |
| Participant deferral / active EE | $3,858 | $3,558+8.5% | $3,833+0.7% | $4,529-14.8% |
| Admin fee / account holder | $140 | $398-64.8% | $5,475-97.4% | $348-59.7% |