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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $3,778 |
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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $56,050 | $53,165+5.4% | $86,216-35.0% | $74,460-24.7% |
| Participation rate | 30.9% | 64.9%-33.9pp | 69.0%-38.0pp | 70.7%-39.8pp |
| Annual return | 16.50% | 22.64%-6.1pp | 1169.42%-1152.9pp | 34.38%-17.9pp |
| Employer contribution / active EE | $661 | $1,210-45.4% | $2,382-72.3% | $2,638-75.0% |
| Participant deferral / active EE | $1,272 | $3,234-60.7% | $3,986-68.1% | $4,530-71.9% |
| Admin fee / account holder | $111 | $551-79.9% | $6,853-98.4% | $348-68.1% |