Filed June 11, 2024 (most recent of 3 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
Service code 12 · EIN 13-3689044 | Distribution (12b-1) fees; Other insu... | $66,125 |
PLANNING CORP OF AMERICA7 years Filed as: PLANNING SOLUTIONS GROUP Service code 27 · EIN 92-0042738 | Advisory (Plan) | $20,000 |
Service code 33 | Securities brokerage; Securities brok... | $0 |
NATIONAL FINANCIAL SERVICES9+ years Service code 33 · EIN 04-3523567 | Securities brokerage commissions and ... | $0 |
Filed as: TRANSAMERICA RETIRMENT SOLUTIONS Service code 12 | Recordkeeping fees; Recordkeeping and... | $0 |
Filed as: TRANSMERICA RETIREMENT SOLUTIONS Service code 12 | Recordkeeping and information managem... | $0 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $87,087 | $82,978+5.0% | $130,298-33.2% | $74,478+16.9% |
| Participation rate | 100.0% | 73.7%+26.3pp | 76.3%+23.7pp | 70.7%+29.3pp |
| Annual return | 19.32% | 123.05%-103.7pp | 38.90%-19.6pp | 34.37%-15.1pp |
| Employer contribution / active EE | $5,043 | $3,391+48.7% | $4,128+22.2% | $2,637+91.2% |
| Participant deferral / active EE | $11,168 | $5,370+108.0% | $6,790+64.5% | $4,530+146.5% |
| Admin fee / account holder | $122 | $354-65.6% | $6,025-98.0% | $347-65.0% |