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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $16,658 |
POMARES & CO.2+ years Filed as: POMARES & CO. LLP Service code 10 · EIN 94-1538492 | Accounting | $10,800 |
AL DEROO & ASSOCIATES1 year Filed as: ALPHONSE DEROO & ASSOCIATES Service code 10 · EIN 94-1154481 | Accounting | $8,950 |
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 | $85,649 | $42,546+101.3% | $71,796+19.3% | $55,167+55.3% |
| Participation rate | 52.7% | 59.1%-6.4pp | 69.1%-16.4pp | 69.0%-16.2pp |
| Annual return | 6.42% | 12.36%-5.9pp | 78.04%-71.6pp | 169.23%-162.8pp |
| Employer contribution / active EE | $236 | $803-70.6% | $1,924-87.7% | $1,963-88.0% |
| Participant deferral / active EE | $3,101 | $2,064+50.2% | $2,794+11.0% | $3,054+1.5% |
| Admin fee / account holder | $218 | $650-66.5% | $4,815-95.5% | $504-56.8% |