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| Provider | Service type | Compensation |
|---|---|---|
RETIREMENT FUND MGMT2 years Filed as: RETIREMENT FUND MANAGEMENT, LLC Service code 27 · EIN 58-2223362 | Advisory (Plan) | $6,668 |
Service code 15 · EIN 83-4452620 | Recordkeeping | $375 |
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $290 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $79,880 | $91,198-12.4% | $178,503-55.3% | $79,8560% |
| Participation rate | 100.0% | 69.2%+30.8pp | 81.9%+18.1pp | 69.6%+30.4pp |
| Annual return | 13.19% | 24.20%-11.0pp | 151.12%-137.9pp | 31.71%-18.5pp |
| Employer contribution / active EE | $8,417 | $3,257+158.4% | $5,011+68.0% | $2,471+240.6% |
| Participant deferral / active EE | $3,548 | $3,237+9.6% | $5,202-31.8% | $3,741-5.2% |
| Admin fee / account holder | $342 | $6,748-94.9% | $13,987-97.6% | $5,306-93.5% |