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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA RETIREMENT SOLUTIONS, Service code 15 · EIN 13-3689044 | Recordkeeping | $55,161 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $34,815 | $45,031-22.7% | $85,009-59.0% | $77,671-55.2% |
| Participation rate | 69.7% | 48.7%+21.0pp | 67.5%+2.2pp | 70.6%-0.9pp |
| Annual return | 12.61% | 79.22%-66.6pp | 66.47%-53.9pp | 31.21%-18.6pp |
| Employer contribution / active EE | $574 | $1,609-64.4% | $2,728-79.0% | $2,726-79.0% |
| Participant deferral / active EE | $1,895 | $2,807-32.5% | $4,522-58.1% | $4,648-59.2% |
| Admin fee / account holder | $129 | $912-85.8% | $6,153-97.9% | $430-70.0% |