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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 62-1874769 | Recordkeeping | $7,156 |
Filed as: TRANSAMERICA FINANCIAL LIFE Service code 15 · EIN 36-6071399 | Recordkeeping | $4,771 |
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 | $3,313 | $51,083-93.5% | $70,548-95.3% | $71,495-95.4% |
| Participation rate | 85.1% | 59.4%+25.8pp | 68.3%+16.8pp | 67.9%+17.2pp |
| Annual return | 17.58% | 42.64%-25.1pp | 32.78%-15.2pp | 28.85%-11.3pp |
| Employer contribution / active EE | $397 | $1,791-77.9% | $2,975-86.7% | $2,589-84.7% |
| Participant deferral / active EE | $2,098 | $3,028-30.7% | $4,567-54.1% | $4,291-51.1% |
| Admin fee / account holder | $91 | $1,995-95.4% | $6,424-98.6% | $1,588-94.3% |