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| Provider | Service type | Compensation |
|---|---|---|
ROCKLAND TRUST1 year Service code 27 · EIN 04-1782600 | Advisory (Plan) | $29,251 |
TRANSAMERICA RETIREMENT SOLUTIONS10+ years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $5,891 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $38,029 | $88,982-57.3% | $102,438-62.9% | $77,671-51.0% |
| Participation rate | 91.0% | 80.9%+10.1pp | 76.5%+14.5pp | 70.6%+20.4pp |
| Annual return | 15.52% | 25.01%-9.5pp | 29.37%-13.8pp | 31.21%-15.7pp |
| Employer contribution / active EE | $0 | $2,698-100.0% | $3,024-100.0% | $2,726-100.0% |
| Participant deferral / active EE | $3,966 | $5,144-22.9% | $5,054-21.5% | $4,648-14.7% |
| Admin fee / account holder | $72 | $236-69.3% | $9,448-99.2% | $430-83.2% |