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 | $365,117 |
SHEPHERD KAPLAN LLC1 year Filed as: SHEPHERD KAPLAN, LLC Service code 27 · EIN 83-0368447 122 SUMMER STREET · BOSTON, MA 02110 | Advisory (Plan) | $24,997 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $200,183 | $43,466+360.5% | $90,951+120.1% | $90,288+121.7% |
| Participation rate | 56.7% | 62.5%-5.8pp | 69.0%-12.3pp | 73.4%-16.6pp |
| Annual return | 11.22% | 25.26%-14.0pp | 134.60%-123.4pp | 53.97%-42.7pp |
| Employer contribution / active EE | $2,132 | $840+153.8% | $2,122+0.5% | $2,524-15.5% |
| Participant deferral / active EE | $2,818 | $2,138+31.8% | $3,373-16.4% | $4,232-33.4% |
| Admin fee / account holder | $134 | $92+46.3% | $5,959-97.7% | $114+17.8% |