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| Provider | Service type | Compensation |
|---|---|---|
TAG RESOURCES, LLC2+ years Service code 15 · EIN 62-1874769 | Recordkeeping | $3,324 |
Filed as: TRANSAMERICA FINANCIAL LIFE Service code 15 · EIN 36-6071699 | Recordkeeping | $1,328 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $4,734 | $50,956-90.7% | $96,572-95.1% | $86,821-94.5% |
| Participation rate | 34.7% | 65.2%-30.5pp | 69.8%-35.1pp | 72.3%-37.6pp |
| Annual return | 2143.51% | 21.27%+2122.2pp | 37.79%+2105.7pp | 97.94%+2045.6pp |
| Employer contribution / active EE | $0 | $1,111-100.0% | $2,357-100.0% | $2,406-100.0% |
| Participant deferral / active EE | $1,765 | $2,954-40.3% | $3,850-54.2% | $4,132-57.3% |
| Admin fee / account holder | $46 | $166-72.3% | $6,183-99.3% | $170-72.8% |