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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE CO. Service code 15 · EIN 39-0989781 | Recordkeeping | $2,167 |
TAG RESOURCES, LLC3 years Service code 15 · EIN 62-1874769 | Recordkeeping | $1,204 |
LPL FINANCIAL1 year Service code 22 · EIN 95-2834236 | Insurance Broker | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant 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 | $39,369 | $63,768-38.3% | $98,506-60.0% | $79,389-50.4% |
| Participation rate | 3.6% | 69.9%-66.3pp | 73.3%-69.8pp | 70.7%-67.1pp |
| Annual return | 16.92% | 626.18%-609.3pp | 1494.92%-1478.0pp | 116.89%-100.0pp |
| Employer contribution / active EE | $0 | $2,558-100.0% | $2,961-100.0% | $2,428-100.0% |
| Participant deferral / active EE | $75 | $3,305-97.7% | $4,277-98.3% | $4,046-98.2% |
| Admin fee / account holder | $281 | $516-45.5% | $5,955-95.3% | $626-55.2% |