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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $10,156 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $6,903 | $52,293-86.8% | $178,499-96.1% | $73,412-90.6% |
| Participation rate | 41.3% | 65.3%-24.1pp | 81.9%-40.7pp | 72.2%-30.9pp |
| Annual return | 20.16% | 34.75%-14.6pp | 151.10%-130.9pp | 59.30%-39.1pp |
| Employer contribution / active EE | $170 | $1,735-90.2% | $5,011-96.6% | $2,234-92.4% |
| Participant deferral / active EE | $915 | $2,332-60.8% | $5,202-82.4% | $3,806-76.0% |
| Admin fee / account holder | $90 | $127-29.0% | $13,986-99.4% | $158-42.8% |