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| Provider | Service type | Compensation |
|---|---|---|
Service code 27 · EIN 61-1758632 | Advisory (Plan) | $5,423 |
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $2,492 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $33,248 | $61,660-46.1% | $80,022-58.5% | $64,181-48.2% |
| Participation rate | 46.7% | 71.7%-25.0pp | 75.8%-29.2pp | 69.6%-22.9pp |
| Annual return | -6.00% | -0.33%-5.7pp | 11.22%-17.2pp | 7.63%-13.6pp |
| Employer contribution / active EE | $202 | $1,810-88.9% | $2,468-91.8% | $2,381-91.5% |
| Participant deferral / active EE | $4,428 | $2,968+49.2% | $3,686+20.1% | $3,470+27.6% |
| Admin fee / account holder | $264 | $5,417-95.1% | $6,521-96.0% | $4,887-94.6% |