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 SERVICES8+ years Service code 26 114 BUSINESS PARK DRIVE · UTICA, NY 13502 | Advisory (Participants) | $69,753 |
Filed as: BENEFIT PLAN ADMIN SERVICES, INC. Service code 15 · EIN 16-1503696 | Recordkeeping | $30,841 |
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 | $73,831 | $102,553-28.0% | $151,611-51.3% | $66,914+10.3% |
| Participation rate | 80.0% | 85.5%-5.5pp | 87.5%-7.5pp | 69.8%+10.2pp |
| Annual return | -13.44% | -10.82%-2.6pp | 3.33%-16.8pp | 1.58%-15.0pp |
| Employer contribution / active EE | $1,811 | $4,180-56.7% | $6,166-70.6% | $2,544-28.8% |
| Participant deferral / active EE | $7,781 | $6,641+17.2% | $8,363-7.0% | $4,237+83.6% |
| Admin fee / account holder | $380 | $630-39.7% | $11,616-96.7% | $593-36.0% |