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| Provider | Service type | Compensation |
|---|---|---|
TAG RESOURCES, LLC4+ years Service code 15 · EIN 62-1874769 | Recordkeeping | $9,877 |
Filed as: TRANSAMERICA FINANCIAL LIFE INS CO Service code 15 · EIN 36-6071399 | Recordkeeping | $5,693 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,358 | $59,804-82.7% | $81,982-87.4% | $79,856-87.0% |
| Participation rate | 57.4% | 61.6%-4.3pp | 69.3%-11.9pp | 69.6%-12.3pp |
| Annual return | 10.94% | 17.56%-6.6pp | 41.31%-30.4pp | 31.71%-20.8pp |
| Employer contribution / active EE | $0 | $1,713-100.0% | $2,498-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $948 | $2,695-64.8% | $3,722-74.5% | $3,741-74.7% |
| Admin fee / account holder | $185 | $4,288-95.7% | $5,665-96.7% | $5,306-96.5% |