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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INS Service code 15 · EIN 36-6071399 | Recordkeeping | $5,723 |
RETIREMENT STRATEGIES, INC.3 years Service code 15 · EIN 58-2380163 | Recordkeeping | $4,725 |
Filed as: MERRILL LYNCH Service code 22 · EIN 13-2808480 | Insurance Broker | $1,949 |
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
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 | $47,859 | $58,577-18.3% | $83,323-42.6% | $64,181-25.4% |
| Participation rate | 92.5% | 72.0%+20.4pp | 77.8%+14.7pp | 69.6%+22.9pp |
| Annual return | -1.71% | 9.65%-11.4pp | 10.63%-12.3pp | 7.63%-9.3pp |
| Employer contribution / active EE | $678 | $2,098-67.7% | $3,379-79.9% | $2,381-71.5% |
| Participant deferral / active EE | $4,158 | $4,654-10.7% | $5,565-25.3% | $3,470+19.8% |
| Admin fee / account holder | $129 | $9,275-98.6% | $7,539-98.3% | $4,887-97.4% |