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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INS CO Service code 15 · EIN 36-6071399 | Recordkeeping | $3,368 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $37,911 | $73,102-48.1% | $123,552-69.3% | $56,287-32.6% |
| Participation rate | 55.6% | 74.3%-18.7pp | 82.3%-26.7pp | 69.9%-14.2pp |
| Annual return | -4.78% | 3.01%-7.8pp | 119.20%-124.0pp | -9.96%+5.2pp |
| Employer contribution / active EE | $1,740 | $2,977-41.5% | $4,628-62.4% | $2,111-17.6% |
| Participant deferral / active EE | $3,767 | $5,423-30.5% | $6,426-41.4% | $3,350+12.5% |
| Admin fee / account holder | $58 | $554-89.6% | $9,285-99.4% | $521-88.9% |