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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $20,533 |
COMPASS 360, LLC3 years Service code 15 · EIN 81-1939215 | Recordkeeping | $18,429 |
Filed as: ROTAL ALLIANCE ASSOCIATES, INC. Service code 22 · EIN 93-0987232 | Insurance Broker | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $115,109 | $65,027+77.0% | $90,970+26.5% | $79,852+44.2% |
| Participation rate | 73.0% | 61.6%+11.4pp | 69.0%+4.0pp | 69.6%+3.4pp |
| Annual return | 35.21% | 30.45%+4.8pp | 134.58%-99.4pp | 31.72%+3.5pp |
| Employer contribution / active EE | $590 | $1,247-52.7% | $2,122-72.2% | $2,471-76.1% |
| Participant deferral / active EE | $3,828 | $2,512+52.4% | $3,373+13.5% | $3,740+2.3% |
| Admin fee / account holder | $458 | $4,535-89.9% | $5,960-92.3% | $5,306-91.4% |