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 |
|---|---|---|
NBT BANCORP NA4+ years Filed as: NBT BANCORP, N.A. Service code 21 · EIN 15-0395735 | Bank Trustee | $29,267 |
CHARLES SCHWAB & CO., INC.4+ years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Service code 15 · EIN 16-1450952 | Recordkeeping | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $28,849 | $43,504-33.7% | $68,793-58.1% | $56,287-48.7% |
| Participation rate | 56.3% | 67.8%-11.6pp | 72.2%-16.0pp | 69.9%-13.6pp |
| Annual return | -6.45% | -3.15%-3.3pp | -4.63%-1.8pp | -9.96%+3.5pp |
| Employer contribution / active EE | $951 | $1,525-37.7% | $2,625-63.8% | $2,111-55.0% |
| Participant deferral / active EE | $2,292 | $2,509-8.6% | $3,311-30.8% | $3,350-31.6% |
| Admin fee / account holder | $160 | $515-68.9% | $5,131-96.9% | $521-69.3% |