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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 | $54,193+21.6% | $93,681-29.6% | $77,692-15.2% |
| Participation rate | 28.1% | 63.9%-35.8pp | 68.7%-40.6pp | 70.6%-42.5pp |
| Annual return | 17.77% | 30.54%-12.8pp | 133.47%-115.7pp | 31.25%-13.5pp |
| Employer contribution / active EE | $616 | $1,168-47.3% | $2,422-74.6% | $2,726-77.4% |
| Participant deferral / active EE | $1,323 | $3,144-57.9% | $4,415-70.0% | $4,648-71.5% |
| Admin fee / account holder | $108 | $576-81.3% | $8,290-98.7% | $431-74.9% |