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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA RETIREMENT SOLUTIONS, Service code 15 · EIN 13-3689044 | Recordkeeping | $52,781 |
THE BANK OF NEW YORK MELLON4 years Filed as: BANK OF AMERICA NA Service code 27 · EIN 13-5674085 | Advisory (Plan) | $31,321 |
Service code 15 · EIN 41-0955056 | Recordkeeping | $2,775 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $54,436 | $42,901+26.9% | $91,227-40.3% | $64,824-16.0% |
| Participation rate | 81.7% | 68.1%+13.6pp | 73.2%+8.5pp | 71.5%+10.2pp |
| Annual return | -14.60% | -13.53%-1.1pp | 114.14%-128.7pp | 32.84%-47.4pp |
| Employer contribution / active EE | $772 | $1,571-50.9% | $2,851-72.9% | $2,507-69.2% |
| Participant deferral / active EE | $5,235 | $3,501+49.5% | $4,234+23.6% | $4,311+21.4% |
| Admin fee / account holder | $305 | $131+132.5% | $5,423-94.4% | $188+62.3% |