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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $70,633 |
Service code 27 4340 REDWOOD HWY · SAN RAFAEL, CA 94903 | Advisory (Plan) | $34,178 |
PENTEGRA SERVICES, INC.1 year Service code 13 701 WESTCHESTER AVE. · WHITE PLAINS, NY 10604 | Contract Administrator | $20,428 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD CILLAGE, CO 80111 | Investment Management | $12,288 |
THE FINWAY GROUP1 year Service code 13 5625 MILLS CIVIC PKWY · DES MOINES, IA 50266 | Contract Administrator | $9,124 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $55,820 | $55,347+0.9% | $120,580-53.7% | $200,096-72.1% |
| Participation rate | 23.7% | 52.9%-29.1pp | 72.0%-48.2pp | 72.0%-48.3pp |
| Annual return | -7.19% | 15.37%-22.6pp | 107.48%-114.7pp | 34.26%-41.4pp |
| Employer contribution / active EE | $311 | $1,296-76.0% | $3,469-91.0% | $3,038-89.7% |
| Participant deferral / active EE | $1,195 | $2,350-49.2% | $4,995-76.1% | $5,090-76.5% |
| Admin fee / account holder | $177 | $134+31.8% | $9,418-98.1% | $269-34.3% |