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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $135,306 |
Filed as: LEAFHOUSE FINANCIAL AVISORS, LLC Service code 16 · EIN 26-4311657 | Consulting | $11,225 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $49,807 | $106,264-53.1% | $147,117-66.1% | $77,762-35.9% |
| Participation rate | 100.0% | 78.4%+21.6pp | 82.2%+17.8pp | 70.6%+29.4pp |
| Annual return | 12.01% | 56.94%-44.9pp | 420.54%-408.5pp | 31.27%-19.3pp |
| Employer contribution / active EE | $1,346 | $4,074-67.0% | $4,932-72.7% | $2,728-50.7% |
| Participant deferral / active EE | $6,442 | $8,003-19.5% | $8,065-20.1% | $4,651+38.5% |
| Admin fee / account holder | $347 | $334+3.9% | $12,993-97.3% | $433-19.8% |