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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH LIFE AGENCY, INC. Service code 16 · EIN 13-2808480 | Consulting | $17,265 |
Filed as: TRANSAMERICA FINANCIAL LIFE INS CO Service code 15 · EIN 36-6071399 | Recordkeeping | $14,399 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $44,848 | $89,652-50.0% | $141,191-68.2% | $65,185-31.2% |
| Participation rate | 69.9% | 74.7%-4.8pp | 82.5%-12.5pp | 70.2%-0.3pp |
| Annual return | 22.71% | 32.79%-10.1pp | 71.41%-48.7pp | 29.38%-6.7pp |
| Employer contribution / active EE | $2,002 | $3,065-34.7% | $4,736-57.7% | $2,177-8.0% |
| Participant deferral / active EE | $4,185 | $5,691-26.5% | $6,710-37.6% | $3,514+19.1% |
| Admin fee / account holder | $217 | $569-61.9% | $10,264-97.9% | $847-74.4% |