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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INS Service code 15 · EIN 36-6071399 | Recordkeeping | $49,329 |
Service code 15 · EIN 62-1874769 | Recordkeeping | $21,785 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $41,051 | $58,320-29.6% | $86,438-52.5% | $66,938-38.7% |
| Participation rate | 98.0% | 78.6%+19.4pp | 80.3%+17.6pp | 69.8%+28.2pp |
| Annual return | -6.31% | -9.71%+3.4pp | 4397.19%-4403.5pp | 1.58%-7.9pp |
| Employer contribution / active EE | $3,460 | $2,615+32.3% | $3,769-8.2% | $2,545+35.9% |
| Participant deferral / active EE | $6,738 | $6,899-2.3% | $6,952-3.1% | $4,238+59.0% |
| Admin fee / account holder | $322 | $546-41.1% | $6,733-95.2% | $594-45.8% |