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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INS. CO Service code 15 · EIN 36-6071399 | Recordkeeping | $135,087 |
Filed as: MERRILL LYNCH LIFE AGENCY, INC. Service code 27 · EIN 13-2808480 | Advisory (Plan) | $44,805 |
HICKS PENSION SERVICES1 year Service code 17 · EIN 99-0178392 | Pension Consulting | $8,311 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,666 | $45,719-13.2% | $96,161-58.8% | $93,010-57.4% |
| Participation rate | 48.6% | 45.8%+2.8pp | 68.4%-19.8pp | 73.9%-25.3pp |
| Annual return | 13.36% | 3211.95%-3198.6pp | 192.01%-178.6pp | 158.70%-145.3pp |
| Employer contribution / active EE | $650 | $1,139-42.9% | $2,798-76.8% | $2,705-76.0% |
| Participant deferral / active EE | $2,384 | $2,344+1.7% | $4,349-45.2% | $4,561-47.7% |
| Admin fee / account holder | $222 | $128+73.2% | $5,538-96.0% | $152+46.2% |