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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $31,266 |
Filed as: 3(16) FIDUCIARY SERVICES CORPORATIO Service code 15 · EIN 45-4813650 | Recordkeeping | $5,143 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $0 | $84,493-100.0% | $125,381-100.0% | $66,938-100.0% |
| Participation rate | 0.0% | 76.4%-76.4pp | 82.4%-82.4pp | 69.8%-69.8pp |
| Annual return | -17.59% | -8.49%-9.1pp | 572.31%-589.9pp | 1.58%-19.2pp |
| Employer contribution / active EE | $2,551 | $3,554-28.2% | $4,815-47.0% | $2,545+0.2% |
| Participant deferral / active EE | $4,218 | $6,783-37.8% | $7,448-43.4% | $4,238-0.5% |
| Admin fee / account holder | $0 | $685-100.0% | $10,007-100.0% | $594-100.0% |