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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $11,634 |
Filed as: ERISA SERVICES OF GEORGIA. LLC Service code 15 · EIN 83-4452620 | Recordkeeping | $2,068 |
Filed as: MESIROW FINANCIAL, INC. Service code 27 · EIN 36-3194849 | Advisory (Plan) | $331 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $20,063 | $118,971-83.1% | $112,977-82.2% | $73,497-72.7% |
| Participation rate | 98.2% | 83.3%+14.9pp | 82.6%+15.6pp | 70.7%+27.5pp |
| Annual return | 18.52% | 17.79%+0.7pp | 24.24%-5.7pp | 28.51%-10.0pp |
| Employer contribution / active EE | $2,972 | $4,091-27.3% | $4,255-30.1% | $2,270+30.9% |
| Participant deferral / active EE | $5,446 | $6,133-11.2% | $5,836-6.7% | $3,740+45.6% |
| Admin fee / account holder | $110 | $573-80.8% | $6,294-98.3% | $513-78.6% |