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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INS CO Service code 15 · EIN 36-6071399 4333 EDGEWOOD RD. NE · CEDAR RAPIDS, IA 52499 | Recordkeeping | $9,619 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,718 | $58,895-63.1% | $178,503-87.8% | $73,497-70.5% |
| Participation rate | 98.5% | 66.2%+32.3pp | 81.9%+16.6pp | 70.7%+27.8pp |
| Annual return | 13.86% | 24.86%-11.0pp | 151.12%-137.3pp | 28.51%-14.7pp |
| Employer contribution / active EE | $863 | $2,236-61.4% | $5,011-82.8% | $2,270-62.0% |
| Participant deferral / active EE | $2,627 | $2,567+2.4% | $5,202-49.5% | $3,740-29.7% |
| Admin fee / account holder | $55 | $400-86.2% | $13,987-99.6% | $513-89.2% |