See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE CO Service code 15 · EIN 39-0989781 | Recordkeeping | $11,653 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,428 | $50,106-9.3% | $70,014-35.1% | $57,658-21.2% |
| Participation rate | 16.0% | 70.9%-54.9pp | 71.8%-55.9pp | 70.2%-54.3pp |
| Annual return | 6.46% | 14.58%-8.1pp | 12.99%-6.5pp | 5.13%+1.3pp |
| Employer contribution / active EE | $614 | $1,739-64.7% | $2,338-73.7% | $1,974-68.9% |
| Participant deferral / active EE | $1,127 | $2,486-54.6% | $2,931-61.5% | $3,061-63.2% |
| Admin fee / account holder | $144 | $89+61.3% | $4,380-96.7% | $95+52.2% |