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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $44,790 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $66,062 | $73,638-10.3% | $95,956-31.2% | $73,493-10.1% |
| Participation rate | 93.0% | 76.2%+16.8pp | 77.1%+15.9pp | 70.7%+22.3pp |
| Annual return | 20.59% | 16.78%+3.8pp | 91.63%-71.0pp | 28.51%-7.9pp |
| Employer contribution / active EE | $2,595 | $1,863+39.3% | $2,541+2.1% | $2,270+14.3% |
| Participant deferral / active EE | $5,591 | $3,617+54.6% | $4,167+34.2% | $3,740+49.5% |
| Admin fee / account holder | $301 | $482-37.6% | $6,797-95.6% | $513-41.4% |