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 SERVICES6+ years Service code 26 114 BUSINESS PARK DRIVE · UTICA, NY 13502 | Advisory (Participants) | $62,636 |
Filed as: BENEFIT PLAN ADMIN SERVICES, INC. Service code 15 · EIN 16-1503696 | Recordkeeping | $22,547 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $78,461 | $136,307-42.4% | $177,821-55.9% | $73,488+6.8% |
| Participation rate | 81.0% | 86.1%-5.2pp | 87.7%-6.8pp | 70.7%+10.3pp |
| Annual return | 12.69% | 18.68%-6.0pp | 48.32%-35.6pp | 28.51%-15.8pp |
| Employer contribution / active EE | $1,844 | $3,712-50.3% | $5,918-68.8% | $2,270-18.7% |
| Participant deferral / active EE | $6,869 | $5,829+17.8% | $7,714-11.0% | $3,740+83.7% |
| Admin fee / account holder | $366 | $596-38.6% | $12,427-97.1% | $513-28.7% |