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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE CO Service code 15 · EIN 39-0989781 | Recordkeeping | $1,913 |
Service code 15 · EIN 83-4452620 | Recordkeeping | $1,125 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $60,237 | $65,125-7.5% | $143,797-58.1% | $66,949-10.0% |
| Participation rate | 100.0% | 65.2%+34.8pp | 80.3%+19.7pp | 69.8%+30.2pp |
| Annual return | -15.55% | -11.13%-4.4pp | -0.04%-15.5pp | 1.57%-17.1pp |
| Employer contribution / active EE | $5,649 | $2,362+139.1% | $4,952+14.1% | $2,545+121.9% |
| Participant deferral / active EE | $3,856 | $2,920+32.0% | $5,638-31.6% | $4,239-9.0% |
| Admin fee / account holder | $309 | $503-38.6% | $14,679-97.9% | $594-48.0% |