Filed September 5, 2017 (most recent of 2 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
MERCER5 years Filed as: MERCER INVESTMENT CONSULTING INC Service code 27 PO BOX 730182 · DALLAS, TX 75373 | Advisory (Plan) | $125,116 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 15 · EIN 84-0467907 | Recordkeeping | $109,481 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 26 · EIN 84-1532243 | Advisory (Participants) | $69,968 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $267,067 | $91,406+192.2% | $130,070+105.3% | $74,478+258.6% |
| Participation rate | 97.3% | 77.8%+19.5pp | 78.5%+18.8pp | 70.7%+26.6pp |
| Annual return | 17.85% | 23.21%-5.4pp | -137.40%+155.2pp | 34.37%-16.5pp |
| Employer contribution / active EE | $6,362 | $2,565+148.1% | $4,322+47.2% | $2,637+141.3% |
| Participant deferral / active EE | $7,843 | $4,724+66.0% | $5,821+34.8% | $4,530+73.1% |
| Admin fee / account holder | $319 | $283+12.7% | $10,600-97.0% | $347-8.0% |