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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INS Service code 15 · EIN 36-6071399 | Recordkeeping | $3,705 |
COULTER & JUSTUS1 year Service code 10 · EIN 62-1532536 | Accounting | $3,000 |
TAG RESOURCES, LLC2 years Service code 15 · EIN 62-1874769 | Recordkeeping | $2,963 |
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 | $25,253 | $50,666-50.2% | $76,657-67.1% | $65,185-61.3% |
| Participation rate | 32.8% | 68.8%-36.0pp | 72.1%-39.3pp | 70.2%-37.4pp |
| Annual return | 19.29% | 28.51%-9.2pp | 1166.74%-1147.5pp | 29.38%-10.1pp |
| Employer contribution / active EE | $0 | $1,575-100.0% | $2,303-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $346 | $2,647-86.9% | $3,335-89.6% | $3,514-90.2% |
| Admin fee / account holder | $97 | $463-79.1% | $6,423-98.5% | $847-88.6% |