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 | $32,026 |
HEARTLAND TRUST COMPANY6 years Filed as: HEARTLAND ASSET MGMT AND TRUST Service code 17 606 SOUTH MAIN STREET · PRINCETON, IL 61356 | Pension Consulting | $21,297 |
Employer contribution per participant 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 | $35,212 | $76,112-53.7% | $96,534-63.5% | $71,511-50.8% |
| Participation rate | 93.2% | 74.4%+18.8pp | 76.0%+17.3pp | 67.9%+25.3pp |
| Annual return | 16.73% | 22.81%-6.1pp | 25.88%-9.1pp | 28.86%-12.1pp |
| Employer contribution / active EE | $102 | $2,248-95.4% | $2,965-96.5% | $2,589-96.0% |
| Participant deferral / active EE | $4,542 | $4,217+7.7% | $4,851-6.4% | $4,291+5.9% |
| Admin fee / account holder | $215 | $2,708-92.1% | $8,253-97.4% | $1,588-86.5% |