Filed February 19, 2021 (most recent of 2 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 |
|---|---|---|
NBT BANCORP NA4+ years Service code 21 · EIN 15-0395735 | Bank Trustee | $29,062 |
CHARLES SCHWAB & CO., INC.4+ 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $19,053 | $37,196-48.8% | $154,108-87.6% | $55,725-65.8% |
| Participation rate | 60.6% | 64.1%-3.5pp | 83.0%-22.5pp | 70.9%-10.3pp |
| Annual return | -4.65% | 1319.68%-1324.3pp | 735.21%-739.9pp | 244.93%-249.6pp |
| Employer contribution / active EE | $900 | $1,614-44.3% | $5,298-83.0% | $2,078-56.7% |
| Participant deferral / active EE | $565 | $2,068-72.7% | $5,081-88.9% | $3,356-83.2% |
| Admin fee / account holder | $92 | $102-9.2% | $13,411-99.3% | $115-19.9% |