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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $18,799 |
ASCENSUS LLC1 year Filed as: FUTUREPLAN BY ASCENSUS Service code 15 · EIN 82-3719843 | Recordkeeping | $13,714 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,545 | $73,848-72.2% | $143,799-85.7% | $68,486-70.0% |
| Participation rate | 94.2% | 66.7%+27.6pp | 80.3%+13.9pp | 67.9%+26.3pp |
| Annual return | -19.52% | 0.91%-20.4pp | -0.04%-19.5pp | -7.85%-11.7pp |
| Employer contribution / active EE | $1,344 | $3,184-57.8% | $4,952-72.9% | $2,597-48.2% |
| Participant deferral / active EE | $3,332 | $3,385-1.5% | $5,638-40.9% | $4,028-17.3% |
| Admin fee / account holder | $509 | $5,755-91.1% | $14,677-96.5% | $5,404-90.6% |