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| Provider | Service type | Compensation |
|---|---|---|
DWC - THE 401(K) EXPERTS1+ years Filed as: DWC THE 401(K) EXPERTS Service code 15 · EIN 26-2091417 | Recordkeeping | $1,053 |
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $656 |
GLOBAL RETIREMENT PARTNERS LLC1+ years Service code 27 · EIN 47-1411118 | Advisory (Plan) | $262 |
Filed as: ONEDIGITAL INVESTMENT ADVISORS Service code 27 · EIN 43-1451524 | Advisory (Plan) | $56 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $2,936 | $34,634-91.5% | $77,100-96.2% | $64,824-95.5% |
| Participation rate | 14.0% | 49.8%-35.8pp | 67.9%-53.9pp | 71.5%-57.5pp |
| Annual return | 0.00% | -5.31%+5.3pp | 42.35%-42.4pp | 32.84%-32.8pp |
| Employer contribution / active EE | $0 | $1,385-100.0% | $2,815-100.0% | $2,507-100.0% |
| Participant deferral / active EE | $271 | $2,553-89.4% | $4,430-93.9% | $4,311-93.7% |
| Admin fee / account holder | $27 | $178-84.7% | $5,443-99.5% | $188-85.4% |