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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INS. Service code 15 · EIN 36-6071399 | Recordkeeping | $50,044 |
Filed as: REA & ASSOCIATES INC Service code 21 · EIN 34-1310124 | Bank Trustee | $1,499 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $78,149 | $99,957-21.8% | $149,745-47.8% | $73,497+6.3% |
| Participation rate | 92.1% | 75.7%+16.4pp | 82.5%+9.6pp | 70.7%+21.4pp |
| Annual return | 15.47% | 53.87%-38.4pp | 276.72%-261.3pp | 28.51%-13.0pp |
| Employer contribution / active EE | $1,998 | $3,191-37.4% | $4,646-57.0% | $2,270-12.0% |
| Participant deferral / active EE | $4,058 | $6,073-33.2% | $6,843-40.7% | $3,740+8.5% |
| Admin fee / account holder | $365 | $551-33.6% | $9,312-96.1% | $513-28.8% |