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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $6,595 |
ERISA SERVICES, INC.2+ years Filed as: ERISA SERVIES, INC. Service code 15 · EIN 62-1200951 | Recordkeeping | $4,867 |
Filed as: MESIROW FINANCIAL, INC. Service code 27 · EIN 36-3194849 | Advisory (Plan) | $93 |
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.
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 | $5,446 | $85,766-93.7% | $136,294-96.0% | $70,131-92.2% |
| Participation rate | 28.2% | 74.2%-46.0pp | 81.9%-53.8pp | 69.5%-41.4pp |
| Annual return | 22.01% | 31.45%-9.4pp | 5155.94%-5133.9pp | 73.14%-51.1pp |
| Employer contribution / active EE | $0 | $2,966-100.0% | $4,695-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $1,339 | $5,051-73.5% | $6,247-78.6% | $3,332-59.8% |
| Admin fee / account holder | $107 | $5,420-98.0% | $9,243-98.8% | $4,645-97.7% |