Filed November 12, 2021
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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $3,777 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $75,059 | $69,159+8.5% | $125,175-40.0% | $67,579+11.1% |
| Participation rate | 65.4% | 78.2%-12.8pp | 79.8%-14.4pp | 71.3%-5.9pp |
| Annual return | 22.45% | 27.12%-4.7pp | 43.79%-21.3pp | 378.56%-356.1pp |
| Employer contribution / active EE | $674 | $2,023-66.7% | $3,865-82.6% | $2,148-68.6% |
| Participant deferral / active EE | $3,187 | $3,700-13.8% | $4,937-35.4% | $3,539-9.9% |
| Admin fee / account holder | $136 | $142-4.3% | $9,702-98.6% | $142-4.7% |