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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 | $32,482+54.3% | $77,081-35.0% | $78,044-35.8% |
| Participation rate | 57.3% | 37.9%+19.5pp | 67.9%-10.6pp | 74.4%-17.1pp |
| Annual return | 5.19% | -7.74%+12.9pp | 42.33%-37.1pp | 10.87%-5.7pp |
| Employer contribution / active EE | $1,952 | $965+102.3% | $2,813-30.6% | $3,125-37.5% |
| Participant deferral / active EE | $5,870 | $2,316+153.5% | $4,428+32.6% | $5,084+15.5% |
| Admin fee / account holder | $81 | $107-24.4% | $5,427-98.5% | $79+2.8% |