Filed January 26, 2017
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 |
|---|---|---|
Filed as: BENEFIT PLAN ADMIN SERVICES, INC Service code 15 6 RHOADS DRIVE · UTICA, NY 13502 | Recordkeeping | $27,977 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $20,682 | $45,382-54.4% | $154,107-86.6% | $75,289-72.5% |
| Participation rate | 24.5% | 65.9%-41.4pp | 83.0%-58.6pp | 72.4%-47.9pp |
| Annual return | -4.91% | -0.47%-4.4pp | 735.12%-740.0pp | -0.04%-4.9pp |
| Employer contribution / active EE | $323 | $1,533-78.9% | $5,298-93.9% | $2,405-86.6% |
| Participant deferral / active EE | $620 | $2,384-74.0% | $5,081-87.8% | $3,739-83.4% |
| Admin fee / account holder | $99 | $89+10.4% | $13,411-99.3% | $102-3.6% |