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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INS CO Service code 15 · EIN 36-6071399 | Recordkeeping | $7,489 |
TAG RESOURCES, LLC2 years Service code 15 · EIN 62-1874769 | Recordkeeping | $2,250 |
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.
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 | $31,590 | $58,493-46.0% | $84,021-62.4% | $72,975-56.7% |
| Participation rate | 27.2% | 61.2%-34.1pp | 69.0%-41.8pp | 69.5%-42.3pp |
| Annual return | 19.24% | 28.93%-9.7pp | 71.32%-52.1pp | 81.01%-61.8pp |
| Employer contribution / active EE | $0 | $1,163-100.0% | $1,984-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $566 | $2,394-76.4% | $3,239-82.5% | $3,608-84.3% |
| Admin fee / account holder | $160 | $4,569-96.5% | $6,102-97.4% | $5,124-96.9% |