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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $6,225 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $57,963 | $138,385-58.1% | $184,243-68.5% | $80,925-28.4% |
| Participation rate | 61.2% | 83.9%-22.7pp | 86.8%-25.6pp | 67.7%-6.5pp |
| Annual return | 11.26% | 20.02%-8.8pp | 28.82%-17.6pp | 35.65%-24.4pp |
| Employer contribution / active EE | $2,215 | $4,851-54.3% | $6,427-65.5% | $2,756-19.6% |
| Participant deferral / active EE | $3,797 | $7,075-46.3% | $9,132-58.4% | $4,299-11.7% |
| Admin fee / account holder | $78 | $10,489-99.3% | $13,914-99.4% | $6,940-98.9% |