Filed April 5, 2008 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 9-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INS CO Service code 15 · EIN 36-6071399 | Recordkeeping | $19,937 |
Filed as: MERRILL LYNCH LIFE AGENCY, INC Service code 13 · EIN 13-2808480 | Contract Administrator | $16,979 |
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.)
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 | $80,977 | $26,549+205.0% | $61,373+31.9% | $66,914+21.0% |
| Participation rate | 53.2% | 38.1%+15.1pp | 52.6%+0.7pp | 69.8%-16.6pp |
| Annual return | -16.24% | -16.21%0pp | 338.61%-354.8pp | 1.58%-17.8pp |
| Employer contribution / active EE | $1,362 | $651+109.1% | $1,159+17.5% | $2,544-46.5% |
| Participant deferral / active EE | $2,808 | $1,338+109.9% | $2,125+32.2% | $4,237-33.7% |
| Admin fee / account holder | $450 | $409+10.2% | $2,130-78.9% | $593-24.1% |