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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INS CO Service code 15 · EIN 36-6071399 | Recordkeeping | $9,284 |
TAG RESOURCES, LLC2 years Service code 15 · EIN 62-1874769 | Recordkeeping | $2,778 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $8,385 | $63,314-86.8% | $91,004-90.8% | $62,293-86.5% |
| Participation rate | 64.7% | 73.3%-8.6pp | 75.6%-10.9pp | 69.5%-4.8pp |
| Annual return | 18.82% | 21.00%-2.2pp | 4.60%+14.2pp | 28.90%-10.1pp |
| Employer contribution / active EE | $0 | $1,807-100.0% | $2,456-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $1,523 | $2,944-48.2% | $3,548-57.1% | $3,169-51.9% |
| Admin fee / account holder | $102 | $468-78.1% | $5,417-98.1% | $479-78.7% |