Filed July 24, 2008
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 |
|---|---|---|
CANANDAIGUA NATIONAL BANK & TRUST10+ years Service code 21 · EIN 16-0373410 | Bank Trustee | $26,521 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,097 | $50,815-58.5% | $155,509-86.4% | $77,643-72.8% |
| Participation rate | 50.4% | 63.1%-12.7pp | 78.2%-27.7pp | 70.6%-20.1pp |
| Annual return | 13.52% | 34.80%-21.3pp | 64.67%-51.1pp | 31.24%-17.7pp |
| Employer contribution / active EE | $0 | $1,993-100.0% | $4,672-100.0% | $2,726-100.0% |
| Participant deferral / active EE | $1,493 | $2,822-47.1% | $5,626-73.5% | $4,647-67.9% |
| Admin fee / account holder | $50 | $437-88.6% | $15,912-99.7% | $430-88.5% |