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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $38,295 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $80,201 | $64,909+23.6% | $82,313-2.6% | $62,293+28.7% |
| Participation rate | 67.2% | 74.9%-7.6pp | 76.9%-9.7pp | 69.5%-2.3pp |
| Annual return | 18.33% | 21.18%-2.9pp | 25.88%-7.5pp | 28.90%-10.6pp |
| Employer contribution / active EE | $1,259 | $1,676-24.9% | $2,428-48.2% | $2,042-38.4% |
| Participant deferral / active EE | $5,515 | $3,103+77.7% | $3,706+48.8% | $3,169+74.0% |
| Admin fee / account holder | $170 | $440-61.3% | $5,608-97.0% | $479-64.5% |