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 COMPANY10+ years Service code 13 · EIN 16-0380815 | Contract Administrator | $175,210 |
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 | $148,993 | $88,890+67.6% | $102,423+45.5% | $77,643+91.9% |
| Participation rate | 96.9% | 80.9%+16.0pp | 76.5%+20.4pp | 70.6%+26.3pp |
| Annual return | 16.20% | 24.98%-8.8pp | 29.32%-13.1pp | 31.24%-15.0pp |
| Employer contribution / active EE | $3,052 | $2,698+13.1% | $3,023+1.0% | $2,726+12.0% |
| Participant deferral / active EE | $4,743 | $5,145-7.8% | $5,053-6.1% | $4,647+2.1% |
| Admin fee / account holder | $485 | $235+106.2% | $9,451-94.9% | $430+12.8% |