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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $58,489 |
Filed as: EVERGREEN RETIREMENT PLAN CONSULTIN Service code 15 · EIN 45-3480687 PO BOX 890 · MUKILTEO, WA 98275 | Recordkeeping | $9,500 |
OSAIC WEALTH INC1 year Service code 22 · EIN 93-0987232 | Insurance Broker | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,267 | $50,919-79.8% | $155,556-93.4% | $77,762-86.8% |
| Participation rate | 53.2% | 63.1%-9.9pp | 78.2%-25.0pp | 70.6%-17.4pp |
| Annual return | 8.82% | 34.84%-26.0pp | 64.84%-56.0pp | 31.27%-22.4pp |
| Employer contribution / active EE | $698 | $1,991-65.0% | $4,675-85.1% | $2,728-74.4% |
| Participant deferral / active EE | $1,557 | $2,824-44.9% | $5,631-72.4% | $4,651-66.5% |
| Admin fee / account holder | $123 | $437-71.8% | $15,885-99.2% | $433-71.5% |