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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $336 |
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.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $35,029 | $79,694-56.0% | $96,192-63.6% | $79,389-55.9% |
| Participation rate | 100.0% | 54.0%+46.0pp | 68.4%+31.6pp | 70.7%+29.3pp |
| Annual return | -30.73% | 40.84%-71.6pp | 192.09%-222.8pp | 116.89%-147.6pp |
| Employer contribution / active EE | $2,783 | $1,443+92.8% | $2,799-0.6% | $2,428+14.6% |
| Participant deferral / active EE | $6,763 | $2,539+166.4% | $4,351+55.5% | $4,046+67.2% |
| Admin fee / account holder | $499 | $630-20.8% | $5,539-91.0% | $626-20.4% |