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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $15,408 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,133 | $57,108-61.2% | $94,229-76.5% | $52,331-57.7% |
| Participation rate | 97.9% | 72.9%+25.0pp | 78.8%+19.1pp | 68.1%+29.8pp |
| Annual return | -0.36% | 1.47%-1.8pp | 10.68%-11.0pp | 4.54%-4.9pp |
| Employer contribution / active EE | $410 | $1,735-76.4% | $3,587-88.6% | $1,882-78.2% |
| Participant deferral / active EE | $1,882 | $3,040-38.1% | $4,320-56.5% | $3,022-37.7% |
| Admin fee / account holder | $47 | $546-91.4% | $6,269-99.2% | $592-92.0% |