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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INS CO Service code 15 · EIN 36-6071399 | Recordkeeping | $10,863 |
Service code 15 · EIN 62-1874769 | Recordkeeping | $8,629 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,068 | $56,339-76.8% | $104,301-87.5% | $68,495-80.9% |
| Participation rate | 80.4% | 63.3%+17.1pp | 73.3%+7.1pp | 67.9%+12.5pp |
| Annual return | -18.89% | -9.19%-9.7pp | 24.61%-43.5pp | -7.84%-11.1pp |
| Employer contribution / active EE | $1,485 | $1,960-24.2% | $3,373-56.0% | $2,596-42.8% |
| Participant deferral / active EE | $4,087 | $3,077+32.8% | $4,626-11.7% | $4,028+1.5% |
| Admin fee / account holder | $179 | $4,902-96.4% | $7,340-97.6% | $5,403-96.7% |