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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $27,167 |
Filed as: MERRILL LYNCH LIFE AGENCY, INC. Service code 22 · EIN 13-2808480 | Insurance Broker | $0 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $49,634 | $54,320-8.6% | $67,652-26.6% | $52,331-5.2% |
| Participation rate | 89.3% | 73.6%+15.7pp | 75.7%+13.6pp | 68.1%+21.2pp |
| Annual return | -1.00% | 6.81%-7.8pp | 6625.04%-6626.0pp | 4.54%-5.5pp |
| Employer contribution / active EE | $1,230 | $1,544-20.3% | $2,266-45.7% | $1,882-34.6% |
| Participant deferral / active EE | $4,784 | $2,950+62.2% | $3,560+34.4% | $3,022+58.3% |
| Admin fee / account holder | $110 | $527-79.0% | $4,821-97.7% | $592-81.3% |