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 | $366,118 |
SHEPHERD KAPLAN LLC3 years Filed as: SHEPHERD KAPLAN, LLC Service code 27 · EIN 83-0368447 122 SUMMER STREET · BOSTON, MA 02110 | Advisory (Plan) | $29,998 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $184,719 | $39,973+362.1% | $79,550+132.2% | $77,904+137.1% |
| Participation rate | 62.4% | 64.6%-2.2pp | 69.5%-7.1pp | 73.7%-11.2pp |
| Annual return | 3.72% | 3.42%+0.3pp | 0.16%+3.6pp | 12.21%-8.5pp |
| Employer contribution / active EE | $1,757 | $1,088+61.5% | $2,413-27.2% | $2,848-38.3% |
| Participant deferral / active EE | $2,998 | $2,774+8.1% | $3,985-24.8% | $4,806-37.6% |
| Admin fee / account holder | $116 | $113+2.7% | $6,832-98.3% | $133-12.6% |