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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 13 · EIN 39-0989781 | Contract Administrator | $9,190 |
ASCENSUS LLC2+ years Filed as: RETIREMENT STRATEGIES GROUP, LLC Service code 15 · EIN 72-1450587 | Recordkeeping | $1,750 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $25,511 | $62,928-59.5% | $172,753-85.2% | $67,582-62.3% |
| Participation rate | 58.0% | 64.5%-6.5pp | 82.6%-24.7pp | 71.3%-13.3pp |
| Annual return | 30.44% | 30.36%+0.1pp | 803.00%-772.6pp | 378.57%-348.1pp |
| Employer contribution / active EE | $1,652 | $1,636+1.0% | $5,144-67.9% | $2,148-23.1% |
| Participant deferral / active EE | $2,529 | $2,145+17.9% | $5,198-51.3% | $3,539-28.5% |
| Admin fee / account holder | $88 | $167-47.4% | $13,956-99.4% | $142-38.4% |