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| Provider | Service type | Compensation |
|---|---|---|
TAG RESOURCES, LLC1+ years Service code 15 · EIN 62-1874769 | Recordkeeping | $43,839 |
Filed as: TRANSAMERICA FINANCIAL LIFE INS CO Service code 15 · EIN 36-6071399 | Recordkeeping | $5,418 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $919 | $44,007-97.9% | $154,108-99.4% | $68,904-98.7% |
| Participation rate | 61.6% | 70.0%-8.5pp | 83.0%-21.5pp | 74.1%-12.6pp |
| Annual return | 0.00% | 8.15%-8.2pp | 735.21%-735.2pp | 1.07%-1.1pp |
| Employer contribution / active EE | $0 | $1,732-100.0% | $5,298-100.0% | $2,540-100.0% |
| Participant deferral / active EE | $654 | $2,813-76.8% | $5,081-87.1% | $4,015-83.7% |
| Admin fee / account holder | $14 | $65-78.7% | $13,411-99.9% | $71-80.6% |