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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 | $57,057-41.0% | $85,009-60.4% | $80,874-58.4% |
| Participation rate | 63.3% | 56.4%+7.0pp | 67.5%-4.2pp | 67.6%-4.3pp |
| Annual return | 23.43% | 21.66%+1.8pp | 66.47%-43.0pp | 35.62%-12.2pp |
| Employer contribution / active EE | $3,401 | $1,799+89.1% | $2,728+24.7% | $2,756+23.4% |
| Participant deferral / active EE | $10,275 | $3,112+230.2% | $4,522+127.2% | $4,297+139.1% |
| Admin fee / account holder | $307 | $4,986-93.8% | $6,153-95.0% | $6,935-95.6% |