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| Provider | Service type | Compensation |
|---|---|---|
Service code 27 · EIN 59-2937883 | Advisory (Plan) | $144,280 |
Filed as: TRANSAMERICA FINANCIAL LIFE INS CO Service code 15 · EIN 36-6071399 | Recordkeeping | $134,180 |
ERISA SERVICES, INC.6 years Filed as: ERISA SERVICES INC Service code 15 · EIN 62-1200951 | Recordkeeping | $36,179 |
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 | Recordkeeping | $2,146 |
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.)
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 | $66,559 | $122,128-45.5% | $147,080-54.7% | $199,960-66.7% |
| Participation rate | 65.7% | 78.2%-12.5pp | 82.2%-16.5pp | 72.0%-6.3pp |
| Annual return | 28.44% | 30.58%-2.1pp | 420.17%-391.7pp | 34.28%-5.8pp |
| Employer contribution / active EE | $1,912 | $4,093-53.3% | $4,933-61.2% | $3,036-37.0% |
| Participant deferral / active EE | $5,972 | $8,484-29.6% | $8,066-26.0% | $5,087+17.4% |
| Admin fee / account holder | $451 | $180+151.1% | $12,989-96.5% | $269+67.4% |