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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INS Service code 15 · EIN 36-6071399 | Recordkeeping | $26,244 |
Service code 15 · EIN 42-1484983 | Recordkeeping | $15,154 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,673 | $57,140-41.1% | $85,240-60.5% | $80,959-58.4% |
| Participation rate | 63.3% | 56.4%+6.9pp | 67.5%-4.2pp | 67.7%-4.3pp |
| Annual return | 23.43% | 21.71%+1.7pp | 66.75%-43.3pp | 35.67%-12.2pp |
| Employer contribution / active EE | $3,401 | $1,802+88.7% | $2,735+24.3% | $2,757+23.4% |
| Participant deferral / active EE | $10,275 | $3,115+229.8% | $4,527+127.0% | $4,300+138.9% |
| Admin fee / account holder | $307 | $4,992-93.9% | $6,165-95.0% | $6,925-95.6% |