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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $184,664 |
FIRST WESTERN TRUST BANK5 years Service code 27 · EIN 27-0083857 | Advisory (Plan) | $37,467 |
Filed as: 3(16) FIDUCIARY SERVICES CORPORATIO Service code 14 · EIN 45-4813650 | Plan Administrator | $35,826 |
Service code 15 · EIN 59-2438373 | Recordkeeping | $32,238 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,510 | $65,960-32.5% | $81,882-45.6% | $77,762-42.8% |
| Participation rate | 81.0% | 65.8%+15.2pp | 72.4%+8.6pp | 70.6%+10.4pp |
| Annual return | 15.34% | 26.64%-11.3pp | 779.47%-764.1pp | 31.27%-15.9pp |
| Employer contribution / active EE | $2,567 | $2,375+8.1% | $2,916-12.0% | $2,728-5.9% |
| Participant deferral / active EE | $4,835 | $3,505+37.9% | $4,323+11.8% | $4,651+4.0% |
| Admin fee / account holder | $300 | $526-43.0% | $7,360-95.9% | $433-30.6% |