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| Provider | Service type | Compensation |
|---|---|---|
Service code 60 · EIN 04-2647786 | Sub-TA Fees | $21,930 |
Service code 27 · EIN 27-4034238 | Advisory (Plan) | $6,000 |
LUMSDEN & MCCORMICK LLP1 year Filed as: LUMSDEN & MCCORMICK, LLP Service code 64 · EIN 16-0765486 369 FRANKLIN ST. · BUFFALO, NY 14202 | Recordkeeping Fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $57,149 | $66,319-13.8% | $93,621-39.0% | $65,186-12.3% |
| Participation rate | 66.9% | 74.0%-7.1pp | 75.8%-8.9pp | 70.2%-3.3pp |
| Annual return | 22.28% | 42.59%-20.3pp | 32.76%-10.5pp | 29.39%-7.1pp |
| Employer contribution / active EE | $752 | $2,013-62.6% | $2,719-72.3% | $2,177-65.4% |
| Participant deferral / active EE | $2,308 | $3,343-31.0% | $4,070-43.3% | $3,514-34.3% |
| Admin fee / account holder | $254 | $6,900-96.3% | $7,890-96.8% | $847-70.0% |