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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 | $106,110-53.1% | $147,005-66.1% | $77,671-35.9% |
| Participation rate | 100.0% | 78.4%+21.6pp | 82.2%+17.8pp | 70.6%+29.4pp |
| Annual return | 12.01% | 56.77%-44.8pp | 418.76%-406.8pp | 31.21%-19.2pp |
| Employer contribution / active EE | $1,346 | $4,065-66.9% | $4,934-72.7% | $2,726-50.6% |
| Participant deferral / active EE | $6,442 | $7,992-19.4% | $8,070-20.2% | $4,648+38.6% |
| Admin fee / account holder | $347 | $338+2.8% | $13,006-97.3% | $430-19.3% |