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| Provider | Service type | Compensation |
|---|---|---|
GREENBERG ROSENBLATT KULL & BITSOLI10+ years Service code 10 · EIN 04-2687094 | Accounting | $46,703 |
TRANSAMERICA RETIREMENT SOLUTIONS10+ years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $3,377 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $65,911 | $54,245+21.5% | $93,727-29.7% | $77,762-15.2% |
| Participation rate | 28.1% | 63.9%-35.8pp | 68.7%-40.6pp | 70.6%-42.5pp |
| Annual return | 17.77% | 30.58%-12.8pp | 133.83%-116.1pp | 31.27%-13.5pp |
| Employer contribution / active EE | $616 | $1,168-47.2% | $2,421-74.6% | $2,728-77.4% |
| Participant deferral / active EE | $1,323 | $3,144-57.9% | $4,417-70.0% | $4,651-71.5% |
| Admin fee / account holder | $108 | $575-81.3% | $8,292-98.7% | $433-75.1% |