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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $980 |
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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $123,878 | $52,967+133.9% | $172,753-28.3% | $65,186+90.0% |
| Participation rate | 96.7% | 66.2%+30.6pp | 82.6%+14.1pp | 70.2%+26.5pp |
| Annual return | 17.94% | 30.12%-12.2pp | 803.00%-785.1pp | 29.39%-11.4pp |
| Employer contribution / active EE | $8,012 | $2,190+265.8% | $5,144+55.8% | $2,177+268.1% |
| Participant deferral / active EE | $6,443 | $2,471+160.8% | $5,198+24.0% | $3,514+83.4% |
| Admin fee / account holder | $411 | $472-12.9% | $13,956-97.1% | $847-51.5% |