Filed December 22, 2020
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 8-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $18,274 |
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 | $15,668 | $27,330-42.7% | $67,704-76.9% | $55,191-71.6% |
| Participation rate | 24.7% | 47.5%-22.9pp | 67.5%-42.9pp | 69.2%-44.5pp |
| Annual return | -1.77% | 8.81%-10.6pp | 25.41%-27.2pp | 10.78%-12.5pp |
| Employer contribution / active EE | $428 | $855-49.9% | $2,559-83.3% | $1,899-77.4% |
| Participant deferral / active EE | $727 | $1,709-57.5% | $3,585-79.7% | $3,046-76.1% |
| Admin fee / account holder | $172 | $109+57.8% | $4,255-95.9% | $91+89.9% |