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: HEALTHCARE COMMUNITY SECURITIES CRP Service code 15 1 EMPIRE DRIVE · RENSSELAER, NY 12144 | Recordkeeping | $27,248 |
Filed as: BENEFIT PLAN ADMIN SERVICES, INC Service code 15 6 RHOADS DRIVE · UTICA, NY 13502 | Recordkeeping | $25,174 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,313 | $56,485-62.3% | $185,823-88.5% | $86,799-75.4% |
| Participation rate | 62.5% | 65.5%-3.0pp | 81.7%-19.2pp | 72.3%-9.8pp |
| Annual return | 15.11% | 118.04%-102.9pp | 122.05%-106.9pp | 97.91%-82.8pp |
| Employer contribution / active EE | $516 | $1,843-72.0% | $5,167-90.0% | $2,405-78.5% |
| Participant deferral / active EE | $1,070 | $2,553-58.1% | $5,568-80.8% | $4,131-74.1% |
| Admin fee / account holder | $95 | $150-36.5% | $16,237-99.4% | $170-44.0% |