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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 16-1450952 | Recordkeeping | $37,477 |
NBT BANCORP NA2 years Filed as: NBT CAPITAL MANAGEMENT Service code 27 · EIN 55-0846628 | Advisory (Plan) | $23,529 |
CHARLES SCHWAB & CO., INC.7+ years Filed as: CHARLES SCHWAB TRUST CO. Service code 18 | Custodial (other than securities) | $10,696 |
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB & CO, INC. Service code 18 · EIN 94-1737782 | Custodial (other than securities) | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $203,129 | $121,341+67.4% | $189,545+7.2% | $79,389+155.9% |
| Participation rate | 94.4% | 86.1%+8.3pp | 87.8%+6.6pp | 70.7%+23.7pp |
| Annual return | 12.76% | 21.08%-8.3pp | 555.36%-542.6pp | 116.89%-104.1pp |
| Employer contribution / active EE | $1,551 | $3,915-60.4% | $6,162-74.8% | $2,428-36.1% |
| Participant deferral / active EE | $3,885 | $6,395-39.3% | $8,220-52.7% | $4,046-4.0% |
| Admin fee / account holder | $324 | $651-50.3% | $12,049-97.3% | $626-48.3% |