Filed January 2, 2018
Total covered: 2 employees
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $12,789 |
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $26,619 | $56,894-53.2% | $84,753-68.6% | $62,881-57.7% |
| Participation rate | 77.3% | 68.5%+8.8pp | 76.6%+0.7pp | 69.3%+8.0pp |
| Annual return | 7.43% | 6.30%+1.1pp | 22.78%-15.3pp | 20.14%-12.7pp |
| Employer contribution / active EE | $1,995 | $2,400-16.9% | $3,574-44.2% | $2,281-12.5% |
| Participant deferral / active EE | $2,138 | $2,709-21.1% | $3,712-42.4% | $3,203-33.3% |
| Admin fee / account holder | $118 | $3,581-96.7% | $5,333-97.8% | $4,296-97.2% |