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| Provider | Service type | Compensation |
|---|---|---|
Service code 22 · EIN 75-1853605 | Insurance Broker | $71,681 |
Filed as: TRANSAMERICA RETIREMENT SOLUTIONS, Service code 15 · EIN 13-3689044 | Recordkeeping | $37,360 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $40,235 | $37,044+8.6% | $71,796-44.0% | $57,658-30.2% |
| Participation rate | 32.7% | 61.1%-28.4pp | 69.1%-36.4pp | 70.2%-37.5pp |
| Annual return | 10.61% | 12.64%-2.0pp | 78.04%-67.4pp | 5.13%+5.5pp |
| Employer contribution / active EE | $895 | $720+24.3% | $1,924-53.5% | $1,974-54.6% |
| Participant deferral / active EE | $1,771 | $1,974-10.3% | $2,794-36.6% | $3,061-42.1% |
| Admin fee / account holder | $223 | $101+120.6% | $4,815-95.4% | $95+135.6% |