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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $3,705 |
Service code 15 · EIN 20-8154051 | Recordkeeping | $1,016 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $66 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $6,740 | $47,448-85.8% | $94,993-92.9% | $62,293-89.2% |
| Participation rate | 76.1% | 66.5%+9.6pp | 73.9%+2.2pp | 69.5%+6.6pp |
| Annual return | 18.07% | 22.64%-4.6pp | 27.14%-9.1pp | 28.90%-10.8pp |
| Employer contribution / active EE | $2 | $1,300-99.8% | $2,603-99.9% | $2,042-99.9% |
| Participant deferral / active EE | $1,545 | $2,375-34.9% | $3,317-53.4% | $3,169-51.2% |
| Admin fee / account holder | $41 | $434-90.6% | $4,960-99.2% | $479-91.5% |