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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INC CO Service code 15 · EIN 36-6071399 440 MAMARONECK AVENUE · HARRISON, NY 10528 | Recordkeeping | $26,709 |
EPIC RETIREMENT PLAN SERVICES3+ years Filed as: RETIREMENT PLAN ADMINISTRATORS, LLC Service code 15 · EIN 58-2365498 780 JOHNSON FERRY RD, SUITE 375 · ATLANTA, GA 30342 | Recordkeeping | $3,925 |
Filed as: MORGAN STANLEY SMITH BARNEY, LLC Service code 22 · EIN 26-4310632 1 NEW YORK PLAZA, 12TH FLOOR · NEW YORK, NY 10004 | Insurance Broker | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $19,577 | $29,988-34.7% | $81,473-76.0% | $80,976-75.8% |
| Participation rate | 1.2% | 32.0%-30.8pp | 68.0%-66.8pp | 68.3%-67.1pp |
| Annual return | 191.03% | 51.73%+139.3pp | 38.78%+152.2pp | 22.91%+168.1pp |
| Employer contribution / active EE | $0 | $470-100.0% | $2,568-100.0% | $2,402-100.0% |
| Participant deferral / active EE | $61 | $1,209-95.0% | $3,537-98.3% | $3,848-98.4% |
| Admin fee / account holder | $120 | $63+90.6% | $4,561-97.4% | $67+77.4% |