Filed December 21, 2017 (most recent of 4 filings on file)
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 9-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: BENEFIT PLAN ADMIN SERVICES INC. Service code 15 · EIN 16-1503696 6 RHOADS DRIVE · UTICA, NY 10019 | Recordkeeping | $44,304 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,825 | $46,292-22.6% | $143,757-75.1% | $64,808-44.7% |
| Participation rate | 46.9% | 64.2%-17.4pp | 80.3%-33.5pp | 71.5%-24.6pp |
| Annual return | -11.37% | -10.05%-1.3pp | -0.04%-11.3pp | 32.82%-44.2pp |
| Employer contribution / active EE | $2,199 | $1,910+15.2% | $4,951-55.6% | $2,506-12.2% |
| Participant deferral / active EE | $3,464 | $2,646+30.9% | $5,637-38.6% | $4,310-19.6% |
| Admin fee / account holder | $252 | $154+63.7% | $14,673-98.3% | $188+34.0% |