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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $46,282 |
Filed as: EVERGREEN RETIREMENT PLAN CONSULTIN Service code 15 · EIN 45-3480687 PO BOX 890 · MUKILTEO, WA 98275 | Recordkeeping | $7,790 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,792 | $46,332-81.0% | $143,797-93.9% | $64,824-86.4% |
| Participation rate | 59.4% | 64.2%-4.9pp | 80.3%-20.9pp | 71.5%-12.1pp |
| Annual return | -12.98% | -10.05%-2.9pp | -0.04%-12.9pp | 32.84%-45.8pp |
| Employer contribution / active EE | $1,051 | $1,911-45.0% | $4,952-78.8% | $2,507-58.1% |
| Participant deferral / active EE | $1,754 | $2,647-33.7% | $5,638-68.9% | $4,311-59.3% |
| Admin fee / account holder | $108 | $154-30.0% | $14,679-99.3% | $188-42.7% |