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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL Service code 15 · EIN 36-6071399 | Recordkeeping | $11,273 |
Filed as: MERRILL LYNCH LIFE AGENCY, INC. Service code 27 · EIN 13-2808480 4804 DEER LAKE DRIVE, 5TH FLOOR · JACKSONVILLE, FL 32246 | Advisory (Plan) | $10,729 |
ASCENSUS LLC1 year Filed as: FUTUREPLAN BY ASCENSUS Service code 15 · EIN 83-3719843 | Recordkeeping | $712 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $119,907 | $65,862+82.1% | $124,693-3.8% | $79,391+51.0% |
| Participation rate | 57.9% | 62.2%-4.3pp | 74.6%-16.7pp | 70.7%-12.8pp |
| Annual return | 15.11% | 19.02%-3.9pp | 5144.19%-5129.1pp | 116.88%-101.8pp |
| Employer contribution / active EE | $2,361 | $1,883+25.4% | $3,324-29.0% | $2,428-2.8% |
| Participant deferral / active EE | $3,578 | $2,772+29.1% | $4,615-22.5% | $4,046-11.6% |
| Admin fee / account holder | $188 | $673-72.1% | $7,494-97.5% | $627-70.0% |