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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INS Service code 15 · EIN 36-6071399 | Recordkeeping | $65,448 |
Service code 15 · EIN 62-1874769 | Recordkeeping | $24,699 |
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 | $49,719 | $69,511-28.5% | $94,664-47.5% | $71,511-30.5% |
| Participation rate | 98.6% | 78.4%+20.2pp | 80.8%+17.8pp | 67.9%+30.7pp |
| Annual return | 21.95% | 29.67%-7.7pp | 156.84%-134.9pp | 28.86%-6.9pp |
| Employer contribution / active EE | $3,827 | $2,853+34.1% | $3,673+4.2% | $2,589+47.8% |
| Participant deferral / active EE | $7,479 | $7,348+1.8% | $7,417+0.8% | $4,291+74.3% |
| Admin fee / account holder | $373 | $1,211-69.2% | $7,222-94.8% | $1,588-76.5% |