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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH LIFE AGENCY Service code 27 · EIN 13-2808480 | Advisory (Plan) | $31,760 |
Filed as: TRANSAMERICA FINANCIAL LIFE INS CO Service code 15 · EIN 36-6071399 | Recordkeeping | $15,326 |
DEFINITI LLC4 years Service code 13 · EIN 85-0833363 2201 TIMBERLOCH PL · THE WOODLANDS, TX 77380 | Contract Administrator | $7,156 |
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 | $81,635 | $74,538+9.5% | $92,805-12.0% | $65,306+25.0% |
| Participation rate | 81.5% | 76.3%+5.2pp | 83.5%-2.0pp | 57.7%+23.8pp |
| Annual return | 14.05% | 49.12%-35.1pp | 31.59%-17.5pp | 21.94%-7.9pp |
| Employer contribution / active EE | $2,386 | $2,362+1.0% | $3,424-30.3% | $1,967+21.3% |
| Participant deferral / active EE | $3,865 | $5,971-35.3% | $8,448-54.2% | $2,959+30.6% |
| Admin fee / account holder | $497 | $2,966-83.3% | $10,911-95.4% | $3,480-85.7% |