Filed February 26, 2020
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MML INVESTORS SERVICES LLC Service code 27 · EIN 04-1590850 | Advisory (Plan) | $23,217 |
Filed as: TRANSAMERICA RET SOLUTIONS, LLC Service code 15 · EIN 13-3689044 | Recordkeeping | $15,263 |
Filed as: THE PARAGON ALLIANCE GROUP, LLC Service code 15 · EIN 23-3044062 | Recordkeeping | $791 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $102,400 | $73,978+38.4% | $96,515+6.1% | $75,173+36.2% |
| Participation rate | 81.5% | 66.4%+15.1pp | 74.3%+7.1pp | 67.2%+14.3pp |
| Annual return | 19.90% | 26.72%-6.8pp | 35.73%-15.8pp | 160.72%-140.8pp |
| Employer contribution / active EE | $4,394 | $2,931+49.9% | $3,740+17.5% | $2,671+64.5% |
| Participant deferral / active EE | $9,685 | $3,660+164.6% | $4,880+98.5% | $4,126+134.7% |
| Admin fee / account holder | $381 | $5,219-92.7% | $6,735-94.3% | $5,651-93.3% |