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| Provider | Service type | Compensation |
|---|---|---|
TAG RESOURCES, LLC2+ years Service code 15 · EIN 62-1874769 | Recordkeeping | $130,160 |
Filed as: TRANSAMERICA FINANCIAL LIFE INS CO Service code 15 · EIN 36-6071399 | Recordkeeping | $55,114 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $2,336 | $47,456-95.1% | $172,752-98.6% | $77,775-97.0% |
| Participation rate | 62.2% | 66.3%-4.1pp | 82.6%-20.5pp | 73.2%-11.0pp |
| Annual return | 33.57% | 35.57%-2.0pp | 802.97%-769.4pp | 32.58%+1.0pp |
| Employer contribution / active EE | $0 | $1,574-100.0% | $5,144-100.0% | $2,504-100.0% |
| Participant deferral / active EE | $1,276 | $2,560-50.1% | $5,198-75.4% | $3,966-67.8% |
| Admin fee / account holder | $45 | $81-44.1% | $13,955-99.7% | $100-54.8% |