Filed January 16, 2020
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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 62-1874769 | Recordkeeping | $47,947 |
Filed as: TRANSAMERICA FINANCIAL LIFE INS CO Service code 15 · EIN 36-6071399 | Recordkeeping | $43,085 |
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 | $6,672 | $30,086-77.8% | $61,399-89.1% | $64,814-89.7% |
| Participation rate | 75.0% | 36.4%+38.7pp | 52.6%+22.5pp | 71.5%+3.6pp |
| Annual return | -17.94% | -13.99%-3.9pp | 338.81%-356.8pp | 32.84%-50.8pp |
| Employer contribution / active EE | $0 | $536-100.0% | $1,159-100.0% | $2,507-100.0% |
| Participant deferral / active EE | $1,355 | $1,126+20.4% | $2,124-36.2% | $4,310-68.6% |
| Admin fee / account holder | $102 | $148-31.4% | $2,131-95.2% | $188-45.9% |