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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $13,994 |
Service code 15 · EIN 81-3989034 | Recordkeeping | $225 |
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.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $17,351 | $54,573-68.2% | $90,970-80.9% | $73,497-76.4% |
| Participation rate | 64.7% | 61.2%+3.6pp | 69.0%-4.3pp | 70.7%-5.9pp |
| Annual return | 42.54% | 16.69%+25.9pp | 134.60%-92.1pp | 28.51%+14.0pp |
| Employer contribution / active EE | $2,058 | $991+107.6% | $2,122-3.0% | $2,270-9.4% |
| Participant deferral / active EE | $3,305 | $2,517+31.3% | $3,373-2.0% | $3,740-11.6% |
| Admin fee / account holder | $128 | $521-75.4% | $5,961-97.9% | $513-75.0% |