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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA RETIREMENT SOLUTIONS, Service code 15 · EIN 13-3689044 | Recordkeeping | $10,513 |
Filed as: TRANSAMERICA FINANCIAL LIFE INS CO. Service code 15 · EIN 36-6071399 | Recordkeeping | $9,660 |
CLIFTONLARSONALLEN LLP6 years Filed as: CLIFTON LARSON ALLEN LLP Service code 10 · EIN 41-0746749 | Accounting | $6,405 |
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS LLC Service code 27 · EIN 34-1542819 | Advisory (Plan) | $5,045 |
MY BENEFITS, LLC7 years Service code 15 · EIN 45-2098380 | Recordkeeping | $1,925 |
Filed as: MESIROW FINANCIAL, INC. Service code 27 · EIN 36-3194849 | Advisory (Plan) | $126 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $43,859 | $53,165-17.5% | $86,216-49.1% | $74,460-41.1% |
| Participation rate | 28.3% | 64.9%-36.5pp | 69.0%-40.6pp | 70.7%-42.4pp |
| Annual return | 12.86% | 22.64%-9.8pp | 1169.42%-1156.6pp | 34.38%-21.5pp |
| Employer contribution / active EE | $700 | $1,210-42.1% | $2,382-70.6% | $2,638-73.5% |
| Participant deferral / active EE | $1,793 | $3,234-44.6% | $3,986-55.0% | $4,530-60.4% |
| Admin fee / account holder | $187 | $551-66.1% | $6,853-97.3% | $348-46.3% |