Filed January 23, 2025 (most recent of 2 filings on file)
Total covered: 3 employees
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 |
|---|---|---|
NOTE ADVISORS LLC2 years Service code 15 50 LAKEFRONT BLVD SUITE 215 · BUFFALO, NY 14202 | Recordkeeping | $13,759 |
PAYCHEX, INC.2 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $8,681 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,277 | $50,458-83.6% | $160,037-94.8% | $64,824-87.2% |
| Participation rate | 67.5% | 68.0%-0.5pp | 78.0%-10.4pp | 71.5%-3.9pp |
| Annual return | -12.03% | -13.42%+1.4pp | 408.95%-421.0pp | 32.84%-44.9pp |
| Employer contribution / active EE | $621 | $1,722-63.9% | $4,226-85.3% | $2,507-75.2% |
| Participant deferral / active EE | $1,359 | $4,004-66.1% | $6,184-78.0% | $4,311-68.5% |
| Admin fee / account holder | $57 | $706-91.9% | $8,716-99.3% | $188-69.7% |