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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 16 · EIN 13-2808480 | Consulting | $36,453 |
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $34,529 |
Service code 15 · EIN 13-3689044 | Recordkeeping | $13,540 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $128,621 | $79,438+61.9% | $106,555+20.7% | $79,391+62.0% |
| Participation rate | 77.5% | 74.2%+3.3pp | 76.1%+1.4pp | 70.7%+6.8pp |
| Annual return | 14.80% | 18.27%-3.5pp | 26.80%-12.0pp | 116.88%-102.1pp |
| Employer contribution / active EE | $3,989 | $2,235+78.5% | $2,819+41.5% | $2,428+64.3% |
| Participant deferral / active EE | $6,268 | $3,824+63.9% | $4,399+42.5% | $4,046+54.9% |
| Admin fee / account holder | $399 | $523-23.8% | $7,408-94.6% | $627-36.4% |