Filed October 7, 2021
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Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
TRANSAMERICA RETIREMENT SOLUTIONS10+ years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $8,780 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $106,419 | $82,917+28.3% | $103,333+3.0% | $77,643+37.1% |
| Participation rate | 50.9% | 71.6%-20.6pp | 74.5%-23.6pp | 70.6%-19.6pp |
| Annual return | 13.44% | 19.13%-5.7pp | 24.88%-11.4pp | 31.24%-17.8pp |
| Employer contribution / active EE | $1,871 | $3,552-47.3% | $3,868-51.6% | $2,726-31.4% |
| Participant deferral / active EE | $4,610 | $4,108+12.2% | $5,057-8.8% | $4,647-0.8% |
| Admin fee / account holder | $24 | $638-96.2% | $8,355-99.7% | $430-94.3% |