Filed May 28, 1998
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 10-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 |
|---|---|---|
STRAGEGIC FINANCIAL SERVICES4+ years Service code 26 114 BUSINESS PARK DRIVE · UTICA, NY 13502 | Advisory (Participants) | $75,416 |
Filed as: BENEFIT PLAN ADMIN SERVICES, INC. Service code 15 · EIN 16-1503696 | Recordkeeping | $20,311 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $72,169 | $79,523-9.2% | $140,016-48.5% | $56,287+28.2% |
| Participation rate | 80.7% | 85.7%-5.0pp | 87.5%-6.8pp | 69.9%+10.9pp |
| Annual return | -1.15% | 2.39%-3.5pp | 651.12%-652.3pp | -9.96%+8.8pp |
| Employer contribution / active EE | $1,443 | $3,350-56.9% | $5,606-74.3% | $2,111-31.6% |
| Participant deferral / active EE | $4,931 | $5,129-3.9% | $6,927-28.8% | $3,350+47.2% |
| Admin fee / account holder | $474 | $614-22.9% | $10,705-95.6% | $521-9.0% |