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 SERVICES5+ years Service code 26 114 BUSINESS PARK DRIVE · UTICA, NY 13502 | Advisory (Participants) | $61,000 |
Filed as: BENEFIT PLAN ADMIN SERVICES, INC. Service code 15 · EIN 16-1503696 | Recordkeeping | $22,583 |
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.)
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 | $79,635 | $98,982-19.5% | $162,163-50.9% | $65,185+22.2% |
| Participation rate | 77.8% | 85.8%-7.9pp | 87.6%-9.7pp | 70.2%+7.6pp |
| Annual return | 22.43% | 24.84%-2.4pp | 115.59%-93.2pp | 29.38%-7.0pp |
| Employer contribution / active EE | $1,300 | $3,467-62.5% | $5,614-76.9% | $2,177-40.3% |
| Participant deferral / active EE | $5,608 | $5,384+4.2% | $7,298-23.2% | $3,514+59.6% |
| Admin fee / account holder | $387 | $596-35.1% | $10,843-96.4% | $847-54.3% |