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| Provider | Service type | Compensation |
|---|---|---|
L M KOHN & COMPANY2+ years Service code 13 10151 CARVER ROAD SUITE 100 · CINCINNATI, OH 45242 | Contract Administrator | $25,792 |
NBT BANCORP NA2+ years Filed as: NBT BANK NA Service code 13 2 EXECUTIVE PARK DRIVE · BEDFORD, NH 03110 | Contract Administrator | $7,142 |
Filed as: GREAT-WEST LIFE & ANNUITY COMPANY Service code 50 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Direct Payment | $1,087 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $63,927 | $51,244+24.8% | $80,977-21.1% | $55,167+15.9% |
| Participation rate | 55.1% | 71.7%-16.6pp | 75.8%-20.7pp | 69.0%-13.9pp |
| Annual return | 6.52% | 17.39%-10.9pp | 17.11%-10.6pp | 169.23%-162.7pp |
| Employer contribution / active EE | $0 | $1,770-100.0% | $3,715-100.0% | $1,963-100.0% |
| Participant deferral / active EE | $6,299 | $4,418+42.6% | $5,696+10.6% | $3,054+106.3% |
| Admin fee / account holder | $18 | $398-95.4% | $5,517-99.7% | $504-96.4% |