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 | $44,975 |
HEARTLAND TRUST COMPANY3 years Filed as: HEARTLAND ASSET MGMT AND TRUST Service code 17 606 SOUTH MAIN STREET · PRINCETON, IL 61356 | Pension Consulting | $24,530 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,567 | $73,638-70.7% | $95,952-77.5% | $73,488-70.7% |
| Participation rate | 90.3% | 76.2%+14.1pp | 77.1%+13.2pp | 70.7%+19.6pp |
| Annual return | 13.55% | 16.78%-3.2pp | 91.61%-78.1pp | 28.51%-15.0pp |
| Employer contribution / active EE | $716 | $1,863-61.6% | $2,541-71.8% | $2,270-68.5% |
| Participant deferral / active EE | $3,613 | $3,617-0.1% | $4,167-13.3% | $3,740-3.4% |
| Admin fee / account holder | $159 | $482-67.0% | $6,795-97.7% | $513-69.0% |