Filed April 23, 2021 (most recent of 3 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 16-1450952 | Recordkeeping | $63,690 |
NBT BANCORP NA6 years Filed as: NBT BANK, N.A. Service code 27 · EIN 16-1268674 | Advisory (Plan) | $20,646 |
MATRIX TRUST COMPANY3 years Filed as: MATRIX SETTLEMENT & CLEARANCE SVS Service code 49 · EIN 20-1591048 | Other Services | $0 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $90,314 | $129,095-30.0% | $184,185-51.0% | $77,692+16.2% |
| Participation rate | 98.5% | 87.3%+11.1pp | 86.8%+11.6pp | 70.6%+27.9pp |
| Annual return | 20.24% | 33.29%-13.0pp | 28.81%-8.6pp | 31.25%-11.0pp |
| Employer contribution / active EE | $2,501 | $4,410-43.3% | $6,426-61.1% | $2,726-8.2% |
| Participant deferral / active EE | $4,862 | $7,300-33.4% | $9,132-46.8% | $4,648+4.6% |
| Admin fee / account holder | $173 | $256-32.4% | $13,909-98.8% | $431-59.9% |