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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INS CO. Service code 15 · EIN 36-6071399 | Recordkeeping | $127,520 |
Filed as: NORTHWESTERN MUTUAL WEALTH MGMT CO. Service code 27 · EIN 39-2018056 | Advisory (Plan) | $24,017 |
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.
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 | $9,093 | $41,040-77.8% | $85,187-89.3% | $99,314-90.8% |
| Participation rate | 15.1% | 34.4%-19.3pp | 67.5%-52.4pp | 71.7%-56.6pp |
| Annual return | 32.43% | 17.44%+15.0pp | 66.67%-34.2pp | 17.67%+14.8pp |
| Employer contribution / active EE | $380 | $1,106-65.6% | $2,732-86.1% | $3,264-88.4% |
| Participant deferral / active EE | $591 | $2,193-73.1% | $4,525-86.9% | $5,346-89.0% |
| Admin fee / account holder | $138 | $177-22.3% | $6,162-97.8% | $109+26.0% |