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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA RETIREMENT SOL, LLC Service code 15 · EIN 13-3689044 | Recordkeeping | $38,856 |
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 22 · EIN 51-0116113 | Insurance Broker | $19,143 |
Service code 27 · EIN 26-4311657 | Advisory (Plan) | $3,323 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $106,935 | $93,182+14.8% | $146,643-27.1% | $79,391+34.7% |
| Participation rate | 49.2% | 76.4%-27.3pp | 80.1%-30.9pp | 70.7%-21.5pp |
| Annual return | 14.51% | 21.61%-7.1pp | 22.75%-8.2pp | 116.88%-102.4pp |
| Employer contribution / active EE | $2,781 | $2,420+14.9% | $4,137-32.8% | $2,428+14.5% |
| Participant deferral / active EE | $2,699 | $4,169-35.3% | $5,506-51.0% | $4,046-33.3% |
| Admin fee / account holder | $605 | $585+3.4% | $10,280-94.1% | $627-3.5% |