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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICAN FINANCIAL LIFE INSURA Service code 15 · EIN 36-6071399 | Recordkeeping | $11,799 |
Filed as: EVERGREEN RETIREMENT PLAN CONSULTIN Service code 15 · EIN 45-3480687 PO BOX 890 · MUKILTEO, WA 98275 | Recordkeeping | $2,150 |
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 22 · EIN 26-4310632 | Insurance Broker | $0 |
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.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $9,378 | $47,977-80.5% | $154,108-93.9% | $56,289-83.3% |
| Participation rate | 49.8% | 66.2%-16.4pp | 83.0%-33.3pp | 69.9%-20.1pp |
| Annual return | -5.18% | 3.54%-8.7pp | 735.21%-740.4pp | -9.96%+4.8pp |
| Employer contribution / active EE | $797 | $2,169-63.2% | $5,298-85.0% | $2,111-62.2% |
| Participant deferral / active EE | $1,535 | $2,392-35.8% | $5,081-69.8% | $3,350-54.2% |
| Admin fee / account holder | $96 | $438-78.2% | $13,411-99.3% | $521-81.7% |