Filed April 17, 2011
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 |
|---|---|---|
CHEMUNG CANAL TRUST COMPANY9+ years Service code 13 · EIN 16-0380815 | Contract Administrator | $109,034 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $225,669 | $76,050+196.7% | $96,544+133.7% | $71,457+215.8% |
| Participation rate | 100.0% | 74.4%+25.6pp | 76.0%+24.0pp | 67.9%+32.1pp |
| Annual return | 17.64% | 22.81%-5.2pp | 25.84%-8.2pp | 28.85%-11.2pp |
| Employer contribution / active EE | $5,810 | $2,244+158.9% | $2,965+95.9% | $2,588+124.5% |
| Participant deferral / active EE | $7,445 | $4,215+76.6% | $4,851+53.5% | $4,289+73.6% |
| Admin fee / account holder | $522 | $2,707-80.7% | $8,252-93.7% | $1,587-67.1% |