Filed April 13, 2018 (most recent of 4 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
HBKS WEALTH ADVISORS2 years Service code 26 6 WEST MAIN ST · FREEDONIA, NY 14063 | Advisory (Participants) | $34,400 |
Filed as: BENEFIT PLAN ADMIN SERVICES Service code 17 · EIN 16-1503696 6 RHOADS DRIVE, STE. 7 · UTICA, NY 13502 | Pension Consulting | $18,608 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $107,283 | $89,739+19.6% | $149,721-28.3% | $62,293+72.2% |
| Participation rate | 92.3% | 85.1%+7.2pp | 87.1%+5.2pp | 69.5%+22.8pp |
| Annual return | 17.71% | 21.01%-3.3pp | 1501.67%-1484.0pp | 28.90%-11.2pp |
| Employer contribution / active EE | $4,164 | $3,233+28.8% | $5,444-23.5% | $2,042+103.9% |
| Participant deferral / active EE | $3,930 | $4,797-18.1% | $6,568-40.2% | $3,169+24.0% |
| Admin fee / account holder | $445 | $551-19.2% | $11,282-96.1% | $479-7.1% |