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| Provider | Service type | Compensation |
|---|---|---|
Filed as: ACCELERATE RETIREMENT Service code 27 · EIN 92-2678185 | Advisory (Plan) | $15,230 |
TRANSAMERICA RETIREMENT SOLUTIONS10+ years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $8,071 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,961 | $66,004-80.4% | $81,820-84.2% | $77,714-83.3% |
| Participation rate | 89.1% | 65.8%+23.3pp | 72.4%+16.7pp | 70.6%+18.5pp |
| Annual return | 18.41% | 26.65%-8.2pp | 777.93%-759.5pp | 31.26%-12.8pp |
| Employer contribution / active EE | $0 | $2,375-100.0% | $2,915-100.0% | $2,727-100.0% |
| Participant deferral / active EE | $907 | $3,508-74.2% | $4,323-79.0% | $4,649-80.5% |
| Admin fee / account holder | $53 | $527-89.9% | $7,391-99.3% | $433-87.8% |