Filed February 6, 2023 (most recent of 2 filings on file)
Total covered: 9 employees
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: BENEFIT PLANS ADMINISTRATIVE SERVIC Service code 15 6 RHOADS DRIVE · UTICA, NY 13502 | Recordkeeping | $8,180 |
HAMILTON LANE ADVISORS, LLC2+ years Filed as: HAMILTON CAVANAUGH & ASSOC- ASPIRE Service code 15 661 NORTH BROADWAY · NORTH WHITE PLAINS, NY 10603 | Recordkeeping | $7,256 |
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.
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 | $12,307 | $36,916-66.7% | $156,549-92.1% | $57,658-78.7% |
| Participation rate | 58.8% | 63.4%-4.7pp | 84.0%-25.2pp | 70.2%-11.5pp |
| Annual return | 9.25% | 12.38%-3.1pp | 32.23%-23.0pp | 5.13%+4.1pp |
| Employer contribution / active EE | $1,039 | $1,571-33.9% | $5,501-81.1% | $1,974-47.4% |
| Participant deferral / active EE | $1,027 | $1,926-46.7% | $4,871-78.9% | $3,061-66.4% |
| Admin fee / account holder | $56 | $82-32.7% | $13,027-99.6% | $95-41.3% |