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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $13,102 |
Service code 15 · EIN 77-0586222 | Recordkeeping | $2,150 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $40,803 | $74,706-45.4% | $75,714-46.1% | $79,391-48.6% |
| Participation rate | 62.9% | 75.3%-12.4pp | 74.8%-11.9pp | 70.7%-7.8pp |
| Annual return | 16.30% | 18.52%-2.2pp | 104.62%-88.3pp | 116.88%-100.6pp |
| Employer contribution / active EE | $2,454 | $2,590-5.2% | $2,744-10.5% | $2,428+1.1% |
| Participant deferral / active EE | $5,892 | $3,533+66.8% | $3,820+54.2% | $4,046+45.6% |
| Admin fee / account holder | $125 | $374-66.6% | $3,619-96.5% | $627-80.0% |