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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE CO Service code 15 · EIN 39-0989781 | Recordkeeping | $2,803 |
Service code 15 · EIN 83-4452620 | Recordkeeping | $2,625 |
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 | $69,242 | $61,356+12.9% | $149,696-53.7% | $71,511-3.2% |
| Participation rate | 92.9% | 62.5%+30.3pp | 78.8%+14.1pp | 67.9%+24.9pp |
| Annual return | 20.13% | 35.86%-15.7pp | 134.46%-114.3pp | 28.86%-8.7pp |
| Employer contribution / active EE | $2,270 | $2,382-4.7% | $4,821-52.9% | $2,589-12.3% |
| Participant deferral / active EE | $4,174 | $2,920+43.0% | $5,682-26.5% | $4,291-2.7% |
| Admin fee / account holder | $312 | $1,263-75.3% | $13,212-97.6% | $1,588-80.4% |