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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INS Service code 15 · EIN 36-6071399 | Recordkeeping | $48,335 |
Service code 15 · EIN 62-1874769 | Recordkeeping | $20,166 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,053 | $48,432+5.4% | $121,204-57.9% | $71,511-28.6% |
| Participation rate | 79.3% | 54.3%+24.9pp | 69.5%+9.7pp | 67.9%+11.3pp |
| Annual return | 34.73% | 23.28%+11.5pp | 987.18%-952.4pp | 28.86%+5.9pp |
| Employer contribution / active EE | $4,645 | $1,493+211.1% | $4,170+11.4% | $2,589+79.4% |
| Participant deferral / active EE | $10,443 | $2,756+278.9% | $4,083+155.8% | $4,291+143.4% |
| Admin fee / account holder | $353 | $1,845-80.9% | $5,651-93.8% | $1,588-77.8% |