Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $7,222 |
MINNESOTA LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 41-0417830 | Contract Administrator | $2,857 |
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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $9,609 | $43,550-77.9% | $63,244-84.8% | $52,331-81.6% |
| Participation rate | 65.2% | 65.7%-0.5pp | 71.0%-5.8pp | 68.1%-2.9pp |
| Annual return | -0.42% | 2.03%-2.5pp | -70.31%+69.9pp | 4.54%-5.0pp |
| Employer contribution / active EE | $608 | $1,351-55.0% | $2,322-73.8% | $1,882-67.7% |
| Participant deferral / active EE | $1,939 | $2,254-14.0% | $2,953-34.3% | $3,022-35.8% |
| Admin fee / account holder | $71 | $387-81.5% | $5,893-98.8% | $592-87.9% |