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| Provider | Service type | Compensation |
|---|---|---|
COMMONWEALTH FINANCIAL NETWORK1+ years Filed as: COMMONWEALTH EQUITY SERVICES LLC DB Service code 27 29 SAWYER RD · WALTHAM, MA 024533483 | Advisory (Plan) | $6,081 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $2,835 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $91,064 | $52,188+74.5% | $86,640+5.1% | $74,460+22.3% |
| Participation rate | 45.6% | 66.3%-20.7pp | 71.7%-26.1pp | 70.7%-25.2pp |
| Annual return | 0.00% | 44.46%-44.5pp | 592.52%-592.5pp | 34.38%-34.4pp |
| Employer contribution / active EE | $0 | $2,282-100.0% | $3,024-100.0% | $2,638-100.0% |
| Participant deferral / active EE | $755 | $3,383-77.7% | $4,438-83.0% | $4,530-83.3% |
| Admin fee / account holder | $71 | $319-77.6% | $5,616-98.7% | $348-79.5% |