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| Provider | Service type | Compensation |
|---|---|---|
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $17,452 |
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $11,768 |
Filed as: MERRILL LYNCH LIFE AGENCY Service code 27 · EIN 13-2808480 | Advisory (Plan) | $3,868 |
Filed as: FIDUCIARY ADVISORS, LTD Service code 15 · EIN 86-0710758 4242 N 19TH AVENUE, SUITE 150 · PHOENIX, AZ 85015 | Recordkeeping | $1,750 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $53,265 | $64,719-17.7% | $112,249-52.5% | $68,486-22.2% |
| Participation rate | 66.0% | 67.2%-1.2pp | 75.1%-9.1pp | 67.9%-1.9pp |
| Annual return | -14.85% | -11.40%-3.5pp | 27.48%-42.3pp | -7.85%-7.0pp |
| Employer contribution / active EE | $3,164 | $2,747+15.2% | $3,636-13.0% | $2,597+21.9% |
| Participant deferral / active EE | $7,139 | $3,565+100.3% | $4,729+51.0% | $4,028+77.3% |
| Admin fee / account holder | $337 | $5,232-93.6% | $6,412-94.8% | $5,404-93.8% |