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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $22,600 |
Annual investment return 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.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $10,658 | $37,044-71.2% | $71,796-85.2% | $57,658-81.5% |
| Participation rate | 80.9% | 61.1%+19.8pp | 69.1%+11.8pp | 70.2%+10.7pp |
| Annual return | 5.18% | 12.64%-7.5pp | 78.04%-72.9pp | 5.13%0pp |
| Employer contribution / active EE | $234 | $720-67.5% | $1,924-87.9% | $1,974-88.2% |
| Participant deferral / active EE | $2,005 | $1,974+1.6% | $2,794-28.2% | $3,061-34.5% |
| Admin fee / account holder | $39 | $101-61.3% | $4,815-99.2% | $95-58.7% |