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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 22 · EIN 13-2808480 | Insurance Broker | $7,975 |
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $2,140 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $87,567 | $58,093+50.7% | $80,022+9.4% | $56,289+55.6% |
| Participation rate | 68.2% | 73.6%-5.4pp | 75.8%-7.7pp | 69.9%-1.7pp |
| Annual return | -5.37% | 34.63%-40.0pp | 11.22%-16.6pp | -9.96%+4.6pp |
| Employer contribution / active EE | $2,933 | $1,933+51.8% | $2,468+18.8% | $2,111+38.9% |
| Participant deferral / active EE | $4,324 | $3,136+37.9% | $3,686+17.3% | $3,350+29.1% |
| Admin fee / account holder | $12 | $623-98.1% | $6,521-99.8% | $521-97.8% |