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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INS Service code 15 · EIN 36-6071399 | Recordkeeping | $22,848 |
TAG RESOURCES, LLC1 year Service code 15 · EIN 62-1874769 | Recordkeeping | $3,356 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,222 | $55,636+10.0% | $81,982-25.3% | $73,497-16.7% |
| Participation rate | 58.7% | 62.3%-3.6pp | 69.3%-10.5pp | 70.7%-12.0pp |
| Annual return | 16.10% | 19.07%-3.0pp | 41.31%-25.2pp | 28.51%-12.4pp |
| Employer contribution / active EE | $839 | $1,625-48.4% | $2,498-66.4% | $2,270-63.0% |
| Participant deferral / active EE | $2,426 | $2,762-12.2% | $3,722-34.8% | $3,740-35.1% |
| Admin fee / account holder | $301 | $493-38.9% | $5,665-94.7% | $513-41.3% |