Filed February 3, 2021
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 26 · EIN 84-1532243 | Advisory (Participants) | $1,077,453 |
Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 15 · EIN 84-0467907 | Recordkeeping | $316,068 |
SAGEVIEW ADVISORY GROUP, LLC4 years Filed as: SAGEVIEW ADVISORY GROUP LLC Service code 27 · EIN 33-0818667 | Advisory (Plan) | $60,000 |
Filed as: CBIZ CPAS P.C. Service code 10 · EIN 43-1947695 | Accounting | $31,672 |
Filed as: ENVESTNET ASSET MGMT INC. Service code 99 · EIN 36-4319587 | Other Fees | $15,984 |
Service code 99 · EIN 81-3215434 | Other Fees | $10,739 |
CHARLES SCHWAB & CO., INC.10+ years Service code 26 · EIN 94-1737782 | Advisory (Participants) | $8,485 |
Service code 99 · EIN 33-0960340 | Other Fees | $6,569 |
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 | $173,212 | $128,169+35.1% | $147,080+17.8% | $106,553+62.6% |
| Participation rate | 96.6% | 67.3%+29.3pp | 82.2%+14.5pp | 69.8%+26.8pp |
| Annual return | 15.32% | 17.88%-2.6pp | 420.17%-404.9pp | 17.37%-2.1pp |
| Employer contribution / active EE | $4,442 | $3,374+31.6% | $4,933-10.0% | $3,359+32.3% |
| Participant deferral / active EE | $12,855 | $7,665+67.7% | $8,066+59.4% | $5,562+131.1% |
| Admin fee / account holder | $93 | $88+5.6% | $12,989-99.3% | $80+16.7% |