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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE CO. Service code 64 · EIN 84-0467907 8515 E. ORCHARD RD. · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $13,182 |
NEXUS ADMINISTRATORS, INC.4 years Service code 13 · EIN 77-0586222 735 W. ALLUVIAL AVE. SUITE 101 · FRESNO, CA 93711 | Contract Administrator | $13,102 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $41,597 | $59,467-30.0% | $93,727-55.6% | $74,478-44.1% |
| Participation rate | 82.1% | 59.6%+22.5pp | 68.7%+13.4pp | 67.2%+14.9pp |
| Annual return | 12.69% | 82.14%-69.4pp | 133.83%-121.1pp | 1370.56%-1357.9pp |
| Employer contribution / active EE | $1,224 | $1,267-3.4% | $2,421-49.5% | $2,626-53.4% |
| Participant deferral / active EE | $4,150 | $3,052+36.0% | $4,417-6.0% | $4,350-4.6% |
| Admin fee / account holder | $315 | $3,028-89.6% | $8,292-96.2% | $1,946-83.8% |