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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $10,601 |
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 | $74,034 | $54,573+35.7% | $90,970-18.6% | $73,497+0.7% |
| Participation rate | 57.5% | 61.2%-3.6pp | 69.0%-11.5pp | 70.7%-13.2pp |
| Annual return | 12.97% | 16.69%-3.7pp | 134.60%-121.6pp | 28.51%-15.5pp |
| Employer contribution / active EE | $382 | $991-61.5% | $2,122-82.0% | $2,270-83.2% |
| Participant deferral / active EE | $3,015 | $2,517+19.8% | $3,373-10.6% | $3,740-19.4% |
| Admin fee / account holder | $155 | $521-70.4% | $5,961-97.4% | $513-69.9% |