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| Provider | Service type | Compensation |
|---|---|---|
Service code 27 · EIN 04-2675571 | Advisory (Plan) | $16,805 |
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $8,012 |
VALIANT RETIRE INC.4 years Service code 15 · EIN 87-1649469 | Recordkeeping | $7,585 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $48,260 | $89,225-45.9% | $133,698-63.9% | $74,478-35.2% |
| Participation rate | 35.9% | 69.4%-33.5pp | 76.4%-40.5pp | 67.2%-31.3pp |
| Annual return | 13.87% | 22.76%-8.9pp | 580.90%-567.0pp | 1370.56%-1356.7pp |
| Employer contribution / active EE | $966 | $2,816-65.7% | $4,218-77.1% | $2,626-63.2% |
| Participant deferral / active EE | $2,162 | $4,597-53.0% | $7,016-69.2% | $4,350-50.3% |
| Admin fee / account holder | $334 | $1,545-78.4% | $6,703-95.0% | $1,946-82.8% |