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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $12,151 |
THE BENEFIT PRACTICE6+ years Service code 15 · EIN 13-4144565 | Recordkeeping | $4,169 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,554 | $70,917-25.9% | $98,920-46.9% | $73,493-28.5% |
| Participation rate | 84.8% | 73.8%+11.0pp | 76.0%+8.8pp | 70.7%+14.2pp |
| Annual return | 24.83% | 34.18%-9.3pp | 196.47%-171.6pp | 28.51%-3.7pp |
| Employer contribution / active EE | $0 | $2,037-100.0% | $2,689-100.0% | $2,270-100.0% |
| Participant deferral / active EE | $3,653 | $3,501+4.3% | $4,245-14.0% | $3,740-2.3% |
| Admin fee / account holder | $101 | $535-81.0% | $6,643-98.5% | $513-80.2% |