Filed July 16, 2020 (most recent of 8 filings on file)
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 |
|---|---|---|
Filed as: BENEFIT PLANS ADMIN SERVICES, INC Service code 15 · EIN 16-1503696 6 RHOADS DRIVE · UTICA, NY 135026374 | Recordkeeping | $394,092 |
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 | $120,538 | $31,810+278.9% | $64,105+88.0% | $59,188+103.7% |
| Participation rate | 67.8% | 57.7%+10.1pp | 68.2%-0.4pp | 69.4%-1.6pp |
| Annual return | 16.70% | 9.41%+7.3pp | 791.24%-774.5pp | 5.51%+11.2pp |
| Employer contribution / active EE | $1,656 | $659+151.2% | $1,820-9.0% | $2,098-21.0% |
| Participant deferral / active EE | $2,431 | $1,582+53.6% | $2,822-13.9% | $3,265-25.5% |
| Admin fee / account holder | $152 | $57+167.7% | $4,499-96.6% | $92+65.1% |