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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $16,389 |
Filed as: STEWARD PARTNERS INVESTMENT ADVISOR Service code 27 · EIN 32-0483695 | Advisory (Plan) | $3,852 |
COMPASS 360, LLC1 year Service code 15 · EIN 81-1939215 | Recordkeeping | $916 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
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 | $15,357 | $52,961-71.0% | $172,752-91.1% | $65,185-76.4% |
| Participation rate | 69.6% | 66.2%+3.4pp | 82.6%-13.0pp | 70.2%-0.6pp |
| Annual return | 19.13% | 30.12%-11.0pp | 802.97%-783.8pp | 29.38%-10.3pp |
| Employer contribution / active EE | $1,446 | $2,190-34.0% | $5,144-71.9% | $2,177-33.6% |
| Participant deferral / active EE | $892 | $2,471-63.9% | $5,198-82.8% | $3,514-74.6% |
| Admin fee / account holder | $251 | $472-46.9% | $13,955-98.2% | $847-70.4% |