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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $10,640 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $25,948 | $91,179-71.5% | $178,499-85.5% | $79,852-67.5% |
| Participation rate | 52.1% | 69.2%-17.1pp | 81.9%-29.8pp | 69.6%-17.6pp |
| Annual return | 14.95% | 24.19%-9.2pp | 151.10%-136.2pp | 31.72%-16.8pp |
| Employer contribution / active EE | $1,111 | $3,256-65.9% | $5,011-77.8% | $2,471-55.0% |
| Participant deferral / active EE | $5,226 | $3,236+61.5% | $5,202+0.4% | $3,740+39.7% |
| Admin fee / account holder | $107 | $6,749-98.4% | $13,986-99.2% | $5,306-98.0% |