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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $7,252 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $80,170 | $59,191+35.4% | $76,767+4.4% | $56,289+42.4% |
| Participation rate | 33.6% | 75.2%-41.6pp | 77.0%-43.4pp | 69.9%-36.2pp |
| Annual return | -6.06% | 6.62%-12.7pp | 2.43%-8.5pp | -9.96%+3.9pp |
| Employer contribution / active EE | $991 | $1,759-43.6% | $2,485-60.1% | $2,111-53.0% |
| Participant deferral / active EE | $2,263 | $3,255-30.5% | $3,852-41.2% | $3,350-32.4% |
| Admin fee / account holder | $123 | $489-74.9% | $6,675-98.2% | $521-76.4% |