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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INS. CO Service code 15 · EIN 36-6071399 | Recordkeeping | $7,750 |
Filed as: TEAL, BECKER AND CHIARAMONTE CPAS Service code 10 · EIN 14-1624930 | Accounting | $5,500 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $41,798 | $56,443-25.9% | $83,831-50.1% | $55,725-25.0% |
| Participation rate | 57.1% | 72.0%-14.9pp | 76.1%-19.0pp | 70.9%-13.7pp |
| Annual return | -7.51% | 393.67%-401.2pp | 850.99%-858.5pp | 244.93%-252.4pp |
| Employer contribution / active EE | $3,161 | $2,682+17.9% | $3,631-13.0% | $2,078+52.1% |
| Participant deferral / active EE | $3,176 | $2,965+7.1% | $4,082-22.2% | $3,356-5.4% |
| Admin fee / account holder | $48 | $156-69.0% | $5,479-99.1% | $115-58.0% |