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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $127,114 |
Filed as: MERRILL LYNCH Service code 16 · EIN 13-2808480 | Consulting | $35,795 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $2,869 | $48,166-94.0% | $96,572-97.0% | $93,010-96.9% |
| Participation rate | 97.2% | 65.1%+32.0pp | 69.8%+27.3pp | 73.9%+23.3pp |
| Annual return | 12.91% | 21.31%-8.4pp | 37.79%-24.9pp | 158.70%-145.8pp |
| Employer contribution / active EE | $221 | $1,070-79.3% | $2,357-90.6% | $2,705-91.8% |
| Participant deferral / active EE | $1,274 | $2,576-50.5% | $3,850-66.9% | $4,561-72.1% |
| Admin fee / account holder | $28 | $110-74.9% | $6,183-99.6% | $152-81.8% |