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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $615,994 |
Filed as: MERRILL LYNCH Service code 16 · EIN 13-5674085 | Consulting | $76,000 |
CHARLES SCHWAB & CO., INC.3 years Service code 33 · EIN 94-1737782 | Securities brokerage; Securities brok... | $166 |
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 | $60,050 | $36,489+64.6% | $80,669-25.6% | $103,657-42.1% |
| Participation rate | 63.1% | 39.1%+24.0pp | 67.0%-3.9pp | 73.4%-10.3pp |
| Annual return | 45.71% | 64.53%-18.8pp | 937.61%-891.9pp | 33.13%+12.6pp |
| Employer contribution / active EE | $2,182 | $1,018+114.4% | $2,724-19.9% | $3,216-32.1% |
| Participant deferral / active EE | $5,671 | $2,389+137.3% | $4,444+27.6% | $5,218+8.7% |
| Admin fee / account holder | $87 | $479-81.7% | $5,384-98.4% | $114-23.4% |