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| Provider | Service type | Compensation |
|---|---|---|
USI CONSULTING GROUP2+ years Filed as: BURKE GROUP Service code 15 · EIN 80-0688755 | Recordkeeping | $47,310 |
ALESCO ADVISORS2+ years Filed as: ALESCO ADVISORS LLC Service code 27 120 OFFICE PARK WAY · PITTSFORD, NY 14534 | Advisory (Plan) | $21,636 |
BONADIO & CO., LLP2+ years Service code 10 171 SULLY'S TRAIL · PITTSFORD, NY 14534 | Accounting | $2,950 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $7,998 | $36,916-78.3% | $156,551-94.9% | $57,658-86.1% |
| Participation rate | 68.8% | 63.4%+5.4pp | 84.0%-15.2pp | 70.2%-1.4pp |
| Annual return | 19.96% | 12.38%+7.6pp | 32.23%-12.3pp | 5.13%+14.8pp |
| Employer contribution / active EE | $750 | $1,571-52.3% | $5,501-86.4% | $1,974-62.0% |
| Participant deferral / active EE | $890 | $1,926-53.8% | $4,871-81.7% | $3,061-70.9% |
| Admin fee / account holder | $107 | $82+29.1% | $13,028-99.2% | $95+12.7% |