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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $41,527 |
Filed as: MERRILL LYNCH LIFE AGENCY, INC. Service code 27 · EIN 13-2808480 | Advisory (Plan) | $26,636 |
SUNWEST PENSIONS3 years Service code 15 · EIN 86-0922116 | Recordkeeping | $5,218 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $93,909 | $64,119+46.5% | $112,228-16.3% | $66,914+40.3% |
| Participation rate | 82.0% | 68.5%+13.5pp | 75.1%+6.9pp | 69.8%+12.2pp |
| Annual return | -19.90% | -13.81%-6.1pp | 27.45%-47.3pp | 1.58%-21.5pp |
| Employer contribution / active EE | $3,155 | $3,005+5.0% | $3,635-13.2% | $2,544+24.0% |
| Participant deferral / active EE | $7,376 | $3,693+99.7% | $4,728+56.0% | $4,237+74.1% |
| Admin fee / account holder | $652 | $625+4.3% | $6,410-89.8% | $593+10.0% |