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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 4333 EDGEWOOD RD NE · CEDAR RAPIDS, IA 52499 | Recordkeeping | $3,199 |
Filed as: RESOURCES INVESTMENT ADVISORS,INC Service code 27 · EIN 43-1451524 | Advisory (Plan) | $1,934 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $3,424 | $40,522-91.6% | $84,628-96.0% | $67,579-94.9% |
| Participation rate | 47.9% | 51.1%-3.2pp | 68.2%-20.4pp | 71.3%-23.4pp |
| Annual return | 24.06% | 32.72%-8.7pp | 258.80%-234.7pp | 378.56%-354.5pp |
| Employer contribution / active EE | $0 | $1,146-100.0% | $2,653-100.0% | $2,148-100.0% |
| Participant deferral / active EE | $690 | $2,132-67.6% | $3,900-82.3% | $3,539-80.5% |
| Admin fee / account holder | $14 | $145-90.3% | $4,914-99.7% | $142-90.1% |