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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $8,057 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,305 | $110,083-59.8% | $151,639-70.8% | $68,486-35.3% |
| Participation rate | 56.5% | 84.0%-27.4pp | 87.5%-31.0pp | 67.9%-11.4pp |
| Annual return | -17.46% | -10.12%-7.3pp | 3.34%-20.8pp | -7.85%-9.6pp |
| Employer contribution / active EE | $1,584 | $4,470-64.6% | $6,165-74.3% | $2,597-39.0% |
| Participant deferral / active EE | $2,982 | $6,526-54.3% | $8,363-64.3% | $4,028-26.0% |
| Admin fee / account holder | $56 | $7,718-99.3% | $11,613-99.5% | $5,404-99.0% |