Filed April 17, 2009
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $12,217 |
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.
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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,697 | $46,292-48.8% | $143,757-83.5% | $64,808-63.4% |
| Participation rate | 46.1% | 64.2%-18.1pp | 80.3%-34.2pp | 71.5%-25.3pp |
| Annual return | -13.90% | -10.05%-3.8pp | -0.04%-13.9pp | 32.82%-46.7pp |
| Employer contribution / active EE | $545 | $1,910-71.5% | $4,951-89.0% | $2,506-78.2% |
| Participant deferral / active EE | $740 | $2,646-72.0% | $5,637-86.9% | $4,310-82.8% |
| Admin fee / account holder | $83 | $154-46.0% | $14,673-99.4% | $188-55.8% |