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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $7,830 |
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 | $26,889 | $42,396-36.6% | $67,313-60.1% | $56,289-52.2% |
| Participation rate | 30.4% | 61.0%-30.6pp | 69.1%-38.7pp | 69.9%-39.4pp |
| Annual return | 3.72% | -36.63%+40.4pp | -4.08%+7.8pp | -9.96%+13.7pp |
| Employer contribution / active EE | $0 | $1,414-100.0% | $2,566-100.0% | $2,111-100.0% |
| Participant deferral / active EE | $1,158 | $2,360-50.9% | $3,568-67.6% | $3,350-65.4% |
| Admin fee / account holder | $152 | $510-70.1% | $4,507-96.6% | $521-70.7% |