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 | $555,583 |
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 | $164,194 | $33,780+386.1% | $74,550+120.2% | $75,289+118.1% |
| Participation rate | 64.4% | 62.7%+1.7pp | 69.1%-4.7pp | 72.4%-8.0pp |
| Annual return | 8.96% | -1.24%+10.2pp | 32.53%-23.6pp | -0.04%+9.0pp |
| Employer contribution / active EE | $1,995 | $845+136.0% | $1,961+1.7% | $2,405-17.1% |
| Participant deferral / active EE | $2,632 | $1,890+39.3% | $3,108-15.3% | $3,739-29.6% |
| Admin fee / account holder | $188 | $86+117.9% | $5,060-96.3% | $102+83.9% |