Filed May 13, 2024
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRATT COLLARD ADVISORY PARTNERS Service code 27 111 GENESEE STREET · BUFFALO, NY 14203 | Advisory (Plan) | $9,402 |
Filed as: TRANSAMERICA FINANCIAL LIFE INS CO. Service code 15 · EIN 36-6071399 | Recordkeeping | $1,034 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $50,130 | $46,732+7.3% | $156,551-68.0% | $55,167-9.1% |
| Participation rate | 87.6% | 65.8%+21.8pp | 84.0%+3.6pp | 69.0%+18.6pp |
| Annual return | 6.96% | 17.72%-10.8pp | 32.23%-25.3pp | 169.23%-162.3pp |
| Employer contribution / active EE | $4,280 | $2,105+103.3% | $5,501-22.2% | $1,963+118.1% |
| Participant deferral / active EE | $3,706 | $2,204+68.1% | $4,871-23.9% | $3,054+21.3% |
| Admin fee / account holder | $73 | $418-82.6% | $13,028-99.4% | $504-85.5% |