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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $8,645 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $107,636 | $86,298+24.7% | $111,308-3.3% | $85,847+25.4% |
| Participation rate | 62.5% | 73.3%-10.8pp | 77.3%-14.8pp | 69.3%-6.8pp |
| Annual return | 14.45% | 19.99%-5.5pp | 54.67%-40.2pp | 318.61%-304.2pp |
| Employer contribution / active EE | $1,745 | $2,044-14.6% | $2,732-36.1% | $2,565-32.0% |
| Participant deferral / active EE | $3,724 | $3,641+2.3% | $4,487-17.0% | $3,952-5.8% |
| Admin fee / account holder | $137 | $8,189-98.3% | $7,965-98.3% | $6,261-97.8% |