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| Provider | Service type | Compensation |
|---|---|---|
BLUESTAR RETIREMENT SERVICES5+ years Service code 13 · EIN 59-3092339 | Contract Administrator | $117,519 |
Service code 14 · EIN 59-3298197 | Plan Administrator | $50,829 |
Filed as: TRANSAMERICA FINANCIAL LIFE INS. CO Service code 15 · EIN 36-6071399 | Recordkeeping | $43,463 |
FIDUCIARY PARTNERS GROUP5+ years Service code 16 · EIN 59-3670142 | Consulting | $26,394 |
Filed as: FIDUCIARY PRTNRS INVTMNT CONSULTING Service code 16 · EIN 26-1370206 | Consulting | $26,394 |
Filed as: MERRILL LYNCH LIFE AGENCY, INC. Service code 16 · EIN 13-2808480 | Consulting | $8,186 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $30,870 | $41,617-25.8% | $84,628-63.5% | $77,775-60.3% |
| Participation rate | 36.8% | 45.0%-8.2pp | 68.2%-31.4pp | 73.2%-36.4pp |
| Annual return | 19.94% | 24.97%-5.0pp | 258.80%-238.9pp | 32.58%-12.6pp |
| Employer contribution / active EE | $331 | $1,061-68.8% | $2,653-87.5% | $2,504-86.8% |
| Participant deferral / active EE | $1,252 | $2,129-41.2% | $3,900-67.9% | $3,966-68.4% |
| Admin fee / account holder | $364 | $121+201.0% | $4,914-92.6% | $100+263.9% |