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| Provider | Service type | Compensation |
|---|---|---|
NBT BANCORP NA1 year Filed as: NBT BANK NA Service code 21 · EIN 16-1268674 | Bank Trustee | $77,534 |
Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Service code 15 · EIN 16-1450952 | Recordkeeping | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $159,166 | $80,748+97.1% | $102,383+55.5% | $74,429+113.9% |
| Participation rate | 100.0% | 65.7%+34.3pp | 74.5%+25.5pp | 67.2%+32.8pp |
| Annual return | 12.86% | 27.57%-14.7pp | 24.94%-12.1pp | 1368.38%-1355.5pp |
| Employer contribution / active EE | $8,198 | $3,159+159.5% | $3,870+111.8% | $2,625+212.3% |
| Participant deferral / active EE | $4,942 | $3,861+28.0% | $5,060-2.3% | $4,348+13.6% |
| Admin fee / account holder | $404 | $2,371-83.0% | $8,391-95.2% | $1,944-79.2% |