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| Provider | Service type | Compensation |
|---|---|---|
EXPAND FINANCIAL2 years Filed as: EXPAND FINANCIAL LLC Service code 27 · EIN 27-1124147 PO BOX 2208 · WACO, TX 76701 | Advisory (Plan) | $12,143 |
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $409 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,789 | $44,764-46.9% | $68,794-65.4% | $64,814-63.3% |
| Participation rate | 20.3% | 64.8%-44.5pp | 69.0%-48.7pp | 71.5%-51.2pp |
| Annual return | -15.63% | -10.91%-4.7pp | -6.37%-9.3pp | 32.84%-48.5pp |
| Employer contribution / active EE | $344 | $1,775-80.6% | $2,656-87.0% | $2,507-86.3% |
| Participant deferral / active EE | $1,399 | $3,238-56.8% | $3,941-64.5% | $4,310-67.5% |
| Admin fee / account holder | $137 | $151-9.2% | $4,934-97.2% | $188-26.9% |