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| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $93,590 |
Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $31,262 |
NOVA 401(K) ASSOCIATES1+ years Service code 13 10777 NORTHWEST FREEWAY · HOUSTON, TX 77092 | Contract Administrator | $10,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,970 | $96,486-45.1% | $153,643-65.5% | $77,736-31.9% |
| Participation rate | 65.7% | 81.6%-15.9pp | 77.1%-11.3pp | 70.6%-4.8pp |
| Annual return | 94.88% | 14.44%+80.4pp | 15.71%+79.2pp | 31.26%+63.6pp |
| Employer contribution / active EE | $1,776 | $5,224-66.0% | $5,039-64.7% | $2,728-34.9% |
| Participant deferral / active EE | $4,758 | $6,609-28.0% | $6,754-29.5% | $4,651+2.3% |
| Admin fee / account holder | $101 | $182-44.9% | $12,739-99.2% | $433-76.8% |