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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $25,160 |
Service code 15 · EIN 81-3989034 | Recordkeeping | $400 |
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 | $29,449 | $59,220-50.3% | $96,572-69.5% | $79,389-62.9% |
| Participation rate | 66.7% | 61.9%+4.8pp | 69.8%-3.2pp | 70.7%-4.0pp |
| Annual return | 14.04% | 27.08%-13.0pp | 37.79%-23.8pp | 116.89%-102.9pp |
| Employer contribution / active EE | $2,199 | $1,216+80.8% | $2,357-6.7% | $2,428-9.4% |
| Participant deferral / active EE | $3,354 | $2,948+13.8% | $3,850-12.9% | $4,046-17.1% |
| Admin fee / account holder | $277 | $659-57.9% | $6,183-95.5% | $626-55.7% |