Filed February 6, 2023 (most recent of 2 filings on file)
Total covered: 9 employees
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: BENEFIT PLANS ADMINISTRATIVE SERVIC Service code 15 6 RHOADS DRIVE · UTICA, NY 13502 | Recordkeeping | $7,212 |
HAMILTON LANE ADVISORS, LLC1+ years Filed as: HAMILTON CAVANAUGH & ASSOC- ASPIRE Service code 15 661 NORTH BROADWAY · NORTH WHITE PLAINS, NY 10603 | Recordkeeping | $7,194 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $11,175 | $37,117-69.9% | $147,618-92.4% | $55,191-79.8% |
| Participation rate | 48.8% | 63.6%-14.8pp | 84.6%-35.8pp | 69.2%-20.4pp |
| Annual return | 0.18% | 3.44%-3.3pp | 61.98%-61.8pp | 10.78%-10.6pp |
| Employer contribution / active EE | $537 | $1,620-66.9% | $5,565-90.3% | $1,899-71.7% |
| Participant deferral / active EE | $751 | $1,985-62.2% | $4,895-84.7% | $3,046-75.4% |
| Admin fee / account holder | $56 | $86-34.5% | $11,612-99.5% | $91-38.3% |