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| Provider | Service type | Compensation |
|---|---|---|
ALLIANCE BENEFIT GROUP5 years Filed as: ALLIANCE BENEFIT GROUP OF HOUSTON Service code 15 · EIN 76-0500416 | Recordkeeping | $9,663 |
Filed as: MERRILL LYNCH LIFE AGENCY, INC. Service code 27 · EIN 13-2808480 | Advisory (Plan) | $6,178 |
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,910 | $26,549-13.7% | $61,501-62.7% | $66,949-65.8% |
| Participation rate | 15.4% | 38.1%-22.7pp | 52.6%-37.2pp | 69.8%-54.4pp |
| Annual return | -18.11% | -16.21%-1.9pp | 339.04%-357.2pp | 1.57%-19.7pp |
| Employer contribution / active EE | $224 | $651-65.6% | $1,160-80.7% | $2,545-91.2% |
| Participant deferral / active EE | $949 | $1,338-29.1% | $2,125-55.3% | $4,239-77.6% |
| Admin fee / account holder | $334 | $409-18.3% | $2,132-84.3% | $594-43.7% |