Filed March 23, 2014
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INS CO Service code 15 · EIN 36-6071399 | Recordkeeping | $134,769 |
NFP RETIREMENT INC7 years Filed as: NFP RETIREMENT, INC Service code 27 · EIN 33-0905143 | Advisory (Plan) | $82,726 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $65,795 | $40,278+63.4% | $80,569-18.3% | $80,160-17.9% |
| Participation rate | 33.0% | 47.5%-14.5pp | 67.0%-34.0pp | 72.9%-39.9pp |
| Annual return | 20.71% | 50.86%-30.1pp | 935.43%-914.7pp | 40.38%-19.7pp |
| Employer contribution / active EE | $943 | $1,332-29.2% | $2,723-65.4% | $2,978-68.3% |
| Participant deferral / active EE | $2,168 | $2,696-19.6% | $4,447-51.3% | $5,017-56.8% |
| Admin fee / account holder | $434 | $210+106.4% | $5,377-91.9% | $145+199.5% |