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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $7,406 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $159,840 | $52,293+205.7% | $178,503-10.5% | $73,412+117.7% |
| Participation rate | 51.0% | 65.3%-14.3pp | 81.9%-30.9pp | 72.2%-21.2pp |
| Annual return | 16.97% | 34.75%-17.8pp | 151.12%-134.1pp | 59.30%-42.3pp |
| Employer contribution / active EE | $4,829 | $1,736+178.1% | $5,011-3.6% | $2,234+116.2% |
| Participant deferral / active EE | $4,329 | $2,333+85.5% | $5,202-16.8% | $3,806+13.8% |
| Admin fee / account holder | $599 | $127+370.3% | $13,987-95.7% | $158+279.3% |