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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $31,713 |
Filed as: CLARK SCHAEFER HACKETT Service code 10 · EIN 31-0800053 | Accounting | $8,900 |
DWC - THE 401(K) EXPERTS1 year Filed as: DWC THE 401(K) EXPERTS Service code 15 · EIN 26-2091417 | Recordkeeping | $7,325 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $19,230 | $50,458-61.9% | $159,960-88.0% | $64,808-70.3% |
| Participation rate | 45.8% | 68.0%-22.3pp | 78.0%-32.2pp | 71.5%-25.7pp |
| Annual return | -12.03% | -13.42%+1.4pp | 408.60%-420.6pp | 32.82%-44.8pp |
| Employer contribution / active EE | $621 | $1,722-64.0% | $4,226-85.3% | $2,506-75.2% |
| Participant deferral / active EE | $1,900 | $4,004-52.5% | $6,182-69.3% | $4,310-55.9% |
| Admin fee / account holder | $177 | $706-74.9% | $8,698-98.0% | $188-5.7% |