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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INS Service code 15 · EIN 36-6071399 | Recordkeeping | $12,644 |
Service code 15 · EIN 42-1484983 | Recordkeeping | $10,968 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $9,492 | $55,446-82.9% | $155,574-93.9% | $74,429-87.2% |
| Participation rate | 89.1% | 61.9%+27.2pp | 78.2%+10.9pp | 67.2%+21.8pp |
| Annual return | 11.85% | 269.20%-257.3pp | 64.87%-53.0pp | 1368.38%-1356.5pp |
| Employer contribution / active EE | $1,262 | $2,266-44.3% | $4,676-73.0% | $2,625-51.9% |
| Participant deferral / active EE | $1,822 | $2,836-35.7% | $5,629-67.6% | $4,348-58.1% |
| Admin fee / account holder | $132 | $1,743-92.4% | $15,914-99.2% | $1,944-93.2% |