Filed December 24, 2004
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 |
|---|---|---|
BPAS4+ years Service code 14 · EIN 16-1065416 6 RHOADS DRIVE · UTICA, NY 13502 | Plan Administrator | $156,655 |
D'ARCANGELO & CO., LLP4+ years Service code 10 · EIN 13-2550103 510 HAIGHT AVENUE · POUGHKEEPSIE, NY 12603 | Accounting | $15,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $47,910 | $75,388-36.4% | $123,544-61.2% | $55,725-14.0% |
| Participation rate | 61.7% | 75.7%-14.0pp | 82.3%-20.6pp | 70.9%-9.2pp |
| Annual return | -5.30% | 4.48%-9.8pp | 119.20%-124.5pp | 244.93%-250.2pp |
| Employer contribution / active EE | $840 | $3,063-72.6% | $4,628-81.8% | $2,078-59.6% |
| Participant deferral / active EE | $2,665 | $5,651-52.8% | $6,426-58.5% | $3,356-20.6% |
| Admin fee / account holder | $356 | $120+197.4% | $9,284-96.2% | $115+209.2% |