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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA RETIREMENT SOLUTIONS L Service code 15 · EIN 13-3689044 | Recordkeeping | $10,898 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $2,845 | $43,411-93.4% | $94,993-97.0% | $69,631-95.9% |
| Participation rate | 93.7% | 64.4%+29.3pp | 73.9%+19.8pp | 70.7%+23.0pp |
| Annual return | 17.92% | 22.54%-4.6pp | 27.14%-9.2pp | 27571.02%-27553.1pp |
| Employer contribution / active EE | $97 | $1,202-91.9% | $2,603-96.3% | $2,032-95.2% |
| Participant deferral / active EE | $1,330 | $2,384-44.2% | $3,317-59.9% | $3,224-58.7% |
| Admin fee / account holder | $28 | $87-68.0% | $4,960-99.4% | $110-74.7% |