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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA RETIREMENT SOLUTIONS, Service code 15 · EIN 13-3689044 | Recordkeeping | $54,615 |
THE BANK OF NEW YORK MELLON5 years Filed as: BANK OF AMERICA NA Service code 27 · EIN 13-5674085 | Advisory (Plan) | $30,770 |
Service code 15 · EIN 41-0955056 | Recordkeeping | $3,875 |
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 | $61,068 | $50,044+22.0% | $95,759-36.2% | $74,473-18.0% |
| Participation rate | 80.0% | 66.7%+13.3pp | 72.3%+7.7pp | 70.7%+9.3pp |
| Annual return | 15.99% | 24.92%-8.9pp | 28.42%-12.4pp | 34.36%-18.4pp |
| Employer contribution / active EE | $773 | $1,634-52.7% | $2,836-72.7% | $2,638-70.7% |
| Participant deferral / active EE | $5,351 | $3,752+42.6% | $4,244+26.1% | $4,530+18.1% |
| Admin fee / account holder | $319 | $300+6.1% | $5,678-94.4% | $347-8.1% |