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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $8,415 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,201 | $42,548+22.7% | $74,551-30.0% | $56,289-7.3% |
| Participation rate | 60.5% | 60.5%+0.1pp | 69.1%-8.6pp | 69.9%-9.3pp |
| Annual return | -5.58% | 12.40%-18.0pp | 32.53%-38.1pp | -9.96%+4.4pp |
| Employer contribution / active EE | $643 | $855-24.8% | $1,961-67.2% | $2,111-69.6% |
| Participant deferral / active EE | $2,756 | $2,277+21.0% | $3,108-11.3% | $3,350-17.7% |
| Admin fee / account holder | $128 | $467-72.6% | $5,059-97.5% | $521-75.4% |