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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $411,465 |
Filed as: MERRILL LYNCH Service code 16 · EIN 13-5674085 | Consulting | $76,000 |
CHARLES SCHWAB & CO., INC.2 years Service code 33 · EIN 94-1737782 | Securities brokerage; Securities brok... | $601 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $50,130 | $33,018+51.8% | $77,113-35.0% | $78,104-35.8% |
| Participation rate | 57.3% | 38.5%+18.8pp | 67.9%-10.6pp | 74.5%-17.2pp |
| Annual return | 5.19% | -7.47%+12.7pp | 42.37%-37.2pp | 10.90%-5.7pp |
| Employer contribution / active EE | $1,952 | $987+97.8% | $2,815-30.7% | $3,128-37.6% |
| Participant deferral / active EE | $5,870 | $2,365+148.2% | $4,430+32.5% | $5,089+15.4% |
| Admin fee / account holder | $81 | $108-25.1% | $5,445-98.5% | $79+2.8% |