Filed October 11, 2021
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INS CO Service code 15 · EIN 36-6071399 | Recordkeeping | $17,587 |
Filed as: MERRILL LYNCH LIFE AGENCY, INC. Service code 27 · EIN 13-2808480 | Advisory (Plan) | $12,594 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $54,771 | $93,617-41.5% | $135,982-59.7% | $75,177-27.1% |
| Participation rate | 79.2% | 75.2%+4.0pp | 81.9%-2.8pp | 67.2%+12.0pp |
| Annual return | 23.27% | 30.89%-7.6pp | 68.32%-45.1pp | 160.75%-137.5pp |
| Employer contribution / active EE | $3,113 | $3,538-12.0% | $4,859-35.9% | $2,671+16.5% |
| Participant deferral / active EE | $7,513 | $6,406+17.3% | $7,760-3.2% | $4,126+82.1% |
| Admin fee / account holder | $278 | $6,980-96.0% | $10,767-97.4% | $5,651-95.1% |