Filed December 31, 2018
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 13 · EIN 06-1050034 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Contract Administrator | $110,909 |
RPA FINANCIAL, LLC3 years Service code 27 · EIN 83-1143379 | Advisory (Plan) | $60,000 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $74,453 | $99,201-24.9% | $96,544-22.9% | $74,4730% |
| Participation rate | 95.7% | 80.7%+15.1pp | 76.0%+19.8pp | 70.7%+25.0pp |
| Annual return | 17.67% | 22.40%-4.7pp | 25.88%-8.2pp | 34.36%-16.7pp |
| Employer contribution / active EE | $3,921 | $2,570+52.6% | $2,966+32.2% | $2,638+48.6% |
| Participant deferral / active EE | $9,663 | $4,938+95.7% | $4,851+99.2% | $4,530+113.3% |
| Admin fee / account holder | $236 | $225+4.9% | $8,254-97.1% | $347-32.0% |