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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $50,001 |
Filed as: EVERGREEN RETIREMENT PLAN CONSULTIN Service code 15 · EIN 45-3480687 PO BOX 890 · MUKILTEO, WA 98275 | Recordkeeping | $7,435 |
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.
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 | $10,612 | $47,180-77.5% | $149,723-92.9% | $74,473-85.8% |
| Participation rate | 55.1% | 63.4%-8.3pp | 78.8%-23.7pp | 70.7%-15.6pp |
| Annual return | 14.48% | 22.75%-8.3pp | 134.50%-120.0pp | 34.36%-19.9pp |
| Employer contribution / active EE | $1,006 | $1,907-47.3% | $4,821-79.1% | $2,638-61.9% |
| Participant deferral / active EE | $1,610 | $2,730-41.0% | $5,682-71.7% | $4,530-64.5% |
| Admin fee / account holder | $109 | $343-68.2% | $13,215-99.2% | $347-68.5% |