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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $15,213 |
QBI, LLC3 years Service code 15 · EIN 26-2768667 | Recordkeeping | $3,353 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $9,552 | $52,961-82.0% | $172,752-94.5% | $65,185-85.3% |
| Participation rate | 79.1% | 66.2%+12.9pp | 82.6%-3.6pp | 70.2%+8.9pp |
| Annual return | 19.78% | 30.12%-10.3pp | 802.97%-783.2pp | 29.38%-9.6pp |
| Employer contribution / active EE | $64 | $2,190-97.1% | $5,144-98.8% | $2,177-97.0% |
| Participant deferral / active EE | $1,391 | $2,471-43.7% | $5,198-73.2% | $3,514-60.4% |
| Admin fee / account holder | $47 | $472-90.1% | $13,955-99.7% | $847-94.5% |