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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INS Service code 15 · EIN 36-6071399 | Recordkeeping | $42,421 |
Service code 15 · EIN 62-1874769 | Recordkeeping | $15,331 |
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 | $70,077 | $48,235+45.3% | $68,803+1.9% | $68,490+2.3% |
| Participation rate | 55.3% | 60.7%-5.4pp | 69.0%-13.7pp | 67.9%-12.6pp |
| Annual return | -15.07% | -12.70%-2.4pp | -6.37%-8.7pp | -7.85%-7.2pp |
| Employer contribution / active EE | $1,072 | $1,829-41.4% | $2,656-59.6% | $2,597-58.7% |
| Participant deferral / active EE | $3,093 | $2,867+7.9% | $3,942-21.5% | $4,028-23.2% |
| Admin fee / account holder | $825 | $4,361-81.1% | $4,936-83.3% | $5,403-84.7% |