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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $28,738 |
Filed as: MERRILL LYNCH LIFE AGENCY, INC. Service code 22 · EIN 13-2808480 | Insurance Broker | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $14,584 | $88,324-83.5% | $115,038-87.3% | $55,191-73.6% |
| Participation rate | 100.0% | 72.5%+27.5pp | 81.4%+18.6pp | 69.2%+30.8pp |
| Annual return | -0.81% | 6.30%-7.1pp | 26.14%-27.0pp | 10.78%-11.6pp |
| Employer contribution / active EE | $1,451 | $2,805-48.3% | $4,608-68.5% | $1,899-23.6% |
| Participant deferral / active EE | $2,279 | $5,042-54.8% | $6,026-62.2% | $3,046-25.2% |
| Admin fee / account holder | $34 | $105-67.8% | $8,175-99.6% | $91-62.7% |