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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $69,877 |
Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 23 · EIN 26-4310632 | Investment advisory (plan); Insurance... | $54,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $21,915 | $29,988-26.9% | $81,473-73.1% | $80,976-72.9% |
| Participation rate | 18.0% | 32.0%-14.0pp | 68.0%-50.0pp | 68.3%-50.3pp |
| Annual return | 15.12% | 51.73%-36.6pp | 38.78%-23.7pp | 22.91%-7.8pp |
| Employer contribution / active EE | $105 | $470-77.5% | $2,568-95.9% | $2,402-95.6% |
| Participant deferral / active EE | $736 | $1,209-39.1% | $3,537-79.2% | $3,848-80.9% |
| Admin fee / account holder | $33 | $63-47.1% | $4,561-99.3% | $67-50.8% |