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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $3,439 |
KB ACTUARIAL, INC.1 year Filed as: KB ACTUARIAL, INC Service code 15 · EIN 27-1837997 PO BOX 1290 · YUCAIPA, CA 92399 | Recordkeeping | $100 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $26,956 | $86,294-68.8% | $111,303-75.8% | $85,856-68.6% |
| Participation rate | 33.8% | 73.3%-39.6pp | 77.3%-43.6pp | 69.3%-35.6pp |
| Annual return | 13.15% | 19.99%-6.8pp | 54.66%-41.5pp | 318.58%-305.4pp |
| Employer contribution / active EE | $759 | $2,043-62.9% | $2,731-72.2% | $2,565-70.4% |
| Participant deferral / active EE | $2,946 | $3,641-19.1% | $4,487-34.4% | $3,952-25.5% |
| Admin fee / account holder | $93 | $8,189-98.9% | $7,966-98.8% | $6,261-98.5% |