Filed September 25, 2018
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA RETIREMENT SOLUTIONS, Service code 15 · EIN 13-3689044 | Recordkeeping | $91,121 |
Filed as: RAYMOND JAMES FINANCIAL SERVICES IN Service code 22 | Insurance Broker | $45,795 |
Service code 15 · EIN 58-2380163 | Recordkeeping | $38,072 |
Filed as: RAYMOND JAMES FINANCIAL SERVICES, I Service code 22 · EIN 59-1199408 | Insurance Broker | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $15,067 | $37,884-60.2% | $79,467-81.0% | $75,289-80.0% |
| Participation rate | 34.6% | 65.0%-30.4pp | 73.3%-38.7pp | 72.4%-37.8pp |
| Annual return | -1.26% | 1.06%-2.3pp | 718.30%-719.6pp | -0.04%-1.2pp |
| Employer contribution / active EE | $545 | $1,680-67.5% | $2,800-80.5% | $2,405-77.3% |
| Participant deferral / active EE | $1,277 | $2,569-50.3% | $3,704-65.5% | $3,739-65.8% |
| Admin fee / account holder | $167 | $77+117.9% | $5,104-96.7% | $102+63.1% |