Filed February 7, 2017
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: BENEFIT PLANS ADMIN.SERVICES, INC. Service code 15 · EIN 16-1503696 6 RHOADS DRIVE, SUITE 7 · UTICA, NY 13502 | Recordkeeping | $48,841 |
HEARTLAND TRUST COMPANY1 year Filed as: HEARTLAND ASSET MGMT AND TRUST Service code 17 606 SOUTH MAIN STREET · PRINCETON, IL 61356 | Pension Consulting | $17,648 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $7,602 | $65,118-88.3% | $76,767-90.1% | $55,725-86.4% |
| Participation rate | 93.4% | 79.6%+13.8pp | 77.0%+16.4pp | 70.9%+22.5pp |
| Annual return | -5.84% | -1.27%-4.6pp | 2.43%-8.3pp | 244.93%-250.8pp |
| Employer contribution / active EE | $647 | $1,941-66.7% | $2,485-74.0% | $2,078-68.9% |
| Participant deferral / active EE | $3,032 | $3,688-17.8% | $3,852-21.3% | $3,356-9.6% |
| Admin fee / account holder | $81 | $116-30.0% | $6,675-98.8% | $115-29.5% |