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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $570 |
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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,882 | $33,067-55.0% | $76,518-80.6% | $56,289-73.6% |
| Participation rate | 98.1% | 55.4%+42.7pp | 68.0%+30.1pp | 69.9%+28.2pp |
| Annual return | -70.32% | 2.72%-73.0pp | -0.27%-70.1pp | -9.96%-60.4pp |
| Employer contribution / active EE | $1,903 | $1,200+58.6% | $2,647-28.1% | $2,111-9.8% |
| Participant deferral / active EE | $4,666 | $2,240+108.3% | $3,836+21.7% | $3,350+39.3% |
| Admin fee / account holder | $320 | $537-40.4% | $4,849-93.4% | $521-38.5% |