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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $19,316 |
Filed as: MESIROW FINANCIAL INC Service code 27 · EIN 36-3194849 | Advisory (Plan) | $1,102 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $10,785 | $33,745-68.0% | $64,105-83.2% | $55,191-80.5% |
| Participation rate | 68.5% | 59.4%+9.1pp | 68.2%+0.3pp | 69.2%-0.7pp |
| Annual return | -0.91% | 4.95%-5.9pp | 791.24%-792.2pp | 10.78%-11.7pp |
| Employer contribution / active EE | $388 | $641-39.5% | $1,820-78.7% | $1,899-79.6% |
| Participant deferral / active EE | $1,841 | $1,929-4.6% | $2,822-34.7% | $3,046-39.6% |
| Admin fee / account holder | $39 | $94-58.8% | $4,499-99.1% | $91-57.2% |