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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INS CO Service code 15 · EIN 36-6071399 | Recordkeeping | $29,968 |
Service code 15 · EIN 42-1484983 | Recordkeeping | $16,311 |
COULTER & JUSTUS1 year Filed as: COULTER & JUSTUS PC Service code 10 · EIN 62-1532536 | Accounting | $7,000 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,875 | $80,705-61.7% | $115,768-73.3% | $67,986-54.6% |
| Participation rate | 84.7% | 63.0%+21.7pp | 74.4%+10.3pp | 57.2%+27.5pp |
| Annual return | 16.83% | 18.49%-1.7pp | 100.46%-83.6pp | 31.67%-14.8pp |
| Employer contribution / active EE | $1,686 | $2,046-17.6% | $2,940-42.7% | $2,019-16.5% |
| Participant deferral / active EE | $4,304 | $3,559+20.9% | $4,917-12.5% | $3,358+28.2% |
| Admin fee / account holder | $321 | $4,135-92.2% | $12,439-97.4% | $3,203-90.0% |