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| Provider | Service type | Compensation |
|---|---|---|
Service code 10 · EIN 38-2071689 | Accounting | $6,692 |
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $5,500 |
GREAT LAKES ADVISORS, LLC3+ years Filed as: GREAT LAKES PENSION ASSOCIATES, INC Service code 15 · EIN 38-2438760 | Recordkeeping | $2,878 |
Filed as: WILSHIRE ASSOCIATES, INC. Service code 26 · EIN 95-2755361 | Advisory (Participants) | $1,402 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $94,331 | $36,767+156.6% | $81,473+15.8% | $62,293+51.4% |
| Participation rate | 99.2% | 54.4%+44.8pp | 68.0%+31.3pp | 69.5%+29.7pp |
| Annual return | 12.09% | 173.80%-161.7pp | 38.78%-26.7pp | 28.90%-16.8pp |
| Employer contribution / active EE | $1,483 | $1,128+31.4% | $2,568-42.3% | $2,042-27.4% |
| Participant deferral / active EE | $3,945 | $2,111+86.9% | $3,537+11.5% | $3,169+24.5% |
| Admin fee / account holder | $476 | $797-40.3% | $4,561-89.6% | $479-0.8% |