Filed February 23, 2015
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $20,881 |
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 | $17,057 | $47,078-63.8% | $100,671-83.1% | $55,191-69.1% |
| Participation rate | 59.2% | 58.0%+1.1pp | 70.7%-11.5pp | 69.2%-10.0pp |
| Annual return | 4.31% | 0.65%+3.7pp | 20.43%-16.1pp | 10.78%-6.5pp |
| Employer contribution / active EE | $351 | $1,065-67.1% | $4,012-91.3% | $1,899-81.5% |
| Participant deferral / active EE | $1,182 | $2,038-42.0% | $3,144-62.4% | $3,046-61.2% |
| Admin fee / account holder | $43 | $153-72.0% | $4,850-99.1% | $91-52.7% |