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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE CO Service code 15 · EIN 39-0989781 | Recordkeeping | $53,130 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $20,808 | $79,519-73.8% | $95,956-78.3% | $73,412-71.7% |
| Participation rate | 91.4% | 81.2%+10.2pp | 77.1%+14.3pp | 72.2%+19.2pp |
| Annual return | 20.04% | 19.20%+0.8pp | 91.63%-71.6pp | 59.30%-39.3pp |
| Employer contribution / active EE | $454 | $2,048-77.8% | $2,541-82.1% | $2,234-79.7% |
| Participant deferral / active EE | $3,037 | $4,138-26.6% | $4,167-27.1% | $3,806-20.2% |
| Admin fee / account holder | $140 | $184-24.2% | $6,797-97.9% | $158-11.6% |