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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE CO Service code 15 · EIN 39-0989781 | Recordkeeping | $4,009 |
TAG RESOURCES, LLC1 year Service code 15 · EIN 62-1874769 | Recordkeeping | $2,260 |
Filed as: TRANSAMERICA FINANCIAL LIFE INS CO Service code 15 · EIN 36-6071399 | Recordkeeping | $1,804 |
Filed as: ABAR RETIREMENT PLAN SERVICES Service code 15 · EIN 46-1281375 | Recordkeeping | $600 |
Filed as: MESIROW FINANCIAL INC Service code 27 · EIN 36-3194849 | Advisory (Plan) | $259 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $21,457 | $43,504-50.7% | $68,612-68.7% | $56,289-61.9% |
| Participation rate | 29.9% | 67.8%-37.9pp | 72.2%-42.3pp | 69.9%-39.9pp |
| Annual return | -6.13% | -3.15%-3.0pp | -4.63%-1.5pp | -9.96%+3.8pp |
| Employer contribution / active EE | $0 | $1,525-100.0% | $2,625-100.0% | $2,111-100.0% |
| Participant deferral / active EE | $250 | $2,509-90.0% | $3,311-92.5% | $3,350-92.5% |
| Admin fee / account holder | $83 | $515-83.8% | $5,131-98.4% | $521-84.0% |