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| Provider | Service type | Compensation |
|---|---|---|
NBT BANCORP NA7 years Filed as: NBT BANK N.A. Service code 21 · EIN 16-1268674 | Bank Trustee | $18,874 |
CHARLES SCHWAB & CO., INC.7 years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Service code 15 · EIN 16-1450952 | Recordkeeping | $0 |
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,402 | $59,105-53.6% | $160,009-82.9% | $66,938-59.1% |
| Participation rate | 49.6% | 68.1%-18.5pp | 78.0%-28.4pp | 69.8%-20.2pp |
| Annual return | -17.53% | -12.26%-5.3pp | 408.85%-426.4pp | 1.58%-19.1pp |
| Employer contribution / active EE | $1,559 | $1,983-21.4% | $4,225-63.1% | $2,545-38.7% |
| Participant deferral / active EE | $2,353 | $4,395-46.5% | $6,183-62.0% | $4,238-44.5% |
| Admin fee / account holder | $185 | $591-68.7% | $8,715-97.9% | $594-68.8% |