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| Provider | Service type | Compensation |
|---|---|---|
TRANSAMERICA RETIREMENT SOLUTIONS10+ years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $38,389 |
Service code 15 · EIN 99-0493155 365 E. AVENIDA DE LOS ARBOLES, #265 · THOUSAND OAKS, CA 91360 | Recordkeeping | $27,961 |
LEE CPA AUDIT GROUP1 year Service code 10 · EIN 81-4637885 | Accounting | $9,000 |
ASCENSUS LLC4 years Filed as: FUTUREPLAN BY ASCENSUS Service code 15 · EIN 82-3719843 | Recordkeeping | $3,650 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $36,995 | $55,470-33.3% | $155,556-76.2% | $74,478-50.3% |
| Participation rate | 70.7% | 61.9%+8.8pp | 78.2%-7.5pp | 67.2%+3.5pp |
| Annual return | 11.99% | 269.80%-257.8pp | 64.84%-52.8pp | 1370.56%-1358.6pp |
| Employer contribution / active EE | $53 | $2,267-97.7% | $4,675-98.9% | $2,626-98.0% |
| Participant deferral / active EE | $1,889 | $2,838-33.4% | $5,631-66.5% | $4,350-56.6% |
| Admin fee / account holder | $420 | $1,744-75.9% | $15,885-97.4% | $1,946-78.4% |