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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $78,603 |
Filed as: MERRILL LYNCH Service code 16 · EIN 13-2808480 | Consulting | $23,546 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $2,550 | $43,466-94.1% | $90,970-97.2% | $90,274-97.2% |
| Participation rate | 93.7% | 62.5%+31.2pp | 69.0%+24.7pp | 73.4%+20.3pp |
| Annual return | 191.02% | 25.26%+165.8pp | 134.60%+56.4pp | 53.97%+137.0pp |
| Employer contribution / active EE | $5 | $840-99.4% | $2,122-99.8% | $2,523-99.8% |
| Participant deferral / active EE | $846 | $2,138-60.4% | $3,373-74.9% | $4,231-80.0% |
| Admin fee / account holder | $20 | $92-77.7% | $5,961-99.7% | $114-82.1% |