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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $41,922 |
Filed as: EVERGREEN RETIREMENT PLAN CONSULTIN Service code 15 · EIN 45-3480687 PO BOX 890 · MUKILTEO, WA 98275 | Recordkeeping | $7,650 |
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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $9,628 | $56,540-83.0% | $185,851-94.8% | $86,821-88.9% |
| Participation rate | 55.8% | 65.5%-9.7pp | 81.7%-25.9pp | 72.3%-16.5pp |
| Annual return | 11.46% | 118.20%-106.7pp | 122.11%-110.6pp | 97.94%-86.5pp |
| Employer contribution / active EE | $1,129 | $1,844-38.8% | $5,168-78.2% | $2,406-53.1% |
| Participant deferral / active EE | $1,842 | $2,555-27.9% | $5,569-66.9% | $4,132-55.4% |
| Admin fee / account holder | $99 | $150-34.0% | $16,245-99.4% | $170-41.8% |