Filed June 26, 2025 (most recent of 3 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
Filed as: VALIC RETIREMENT SERVICE CO Service code 19 · EIN 51-0396365 | Securities Custodian | $278,648 |
Filed as: VARIABLE ANNUITY LIFE INSURANCE CO Service code 19 · EIN 74-1625348 | Securities Custodian | $5,873 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $34,617 | $56,095-38.3% | $178,510-80.6% | $90,274-61.7% |
| Participation rate | 99.8% | 65.6%+34.3pp | 81.9%+17.9pp | 73.4%+26.5pp |
| Annual return | 16.40% | 28.81%-12.4pp | 151.13%-134.7pp | 53.97%-37.6pp |
| Employer contribution / active EE | $9 | $1,572-99.4% | $5,011-99.8% | $2,523-99.6% |
| Participant deferral / active EE | $3,678 | $2,669+37.8% | $5,202-29.3% | $4,231-13.1% |
| Admin fee / account holder | $62 | $101-37.9% | $13,988-99.6% | $114-45.2% |