Filed September 14, 2023
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $16,850 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $7,284 | $55,453-86.9% | $170,442-95.7% | $62,292-88.3% |
| Participation rate | 82.6% | 66.4%+16.2pp | 83.6%-1.0pp | 69.5%+13.1pp |
| Annual return | 11.77% | 21.38%-9.6pp | 205.93%-194.2pp | 28.90%-17.1pp |
| Employer contribution / active EE | $960 | $2,164-55.6% | $5,433-82.3% | $2,042-53.0% |
| Participant deferral / active EE | $696 | $2,303-69.8% | $4,939-85.9% | $3,169-78.0% |
| Admin fee / account holder | $96 | $455-78.8% | $13,880-99.3% | $479-79.9% |