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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $14,550 |
ASCENSUS LLC4+ years Filed as: RETIREMENT MANAGEMENT SERVICES, LLC Service code 15 · EIN 31-1560462 | Recordkeeping | $2,675 |
Filed as: MESIROW FINANCIAL, INC. Service code 27 · EIN 36-3194849 | Advisory (Plan) | $1,161 |
LPL FINANCIAL3 years Service code 22 · EIN 95-2834236 | Insurance Broker | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $26,463 | $47,163-43.9% | $149,696-82.3% | $74,460-64.5% |
| Participation rate | 46.3% | 63.4%-17.2pp | 78.8%-32.5pp | 70.7%-24.5pp |
| Annual return | 6.59% | 22.75%-16.2pp | 134.46%-127.9pp | 34.38%-27.8pp |
| Employer contribution / active EE | $768 | $1,907-59.7% | $4,821-84.1% | $2,638-70.9% |
| Participant deferral / active EE | $1,027 | $2,730-62.4% | $5,682-81.9% | $4,530-77.3% |
| Admin fee / account holder | $81 | $343-76.5% | $13,212-99.4% | $348-76.8% |