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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 35-1140070 RETIREMENT PLAN SERVICES, ET9 · BUFFALO, NY 14201 | Recordkeeping | $298 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $22,450 | $46,732-52.0% | $156,551-85.7% | $55,167-59.3% |
| Participation rate | 70.6% | 65.8%+4.8pp | 84.0%-13.4pp | 69.0%+1.6pp |
| Annual return | 7.77% | 17.72%-9.9pp | 32.23%-24.5pp | 169.23%-161.5pp |
| Employer contribution / active EE | $446 | $2,105-78.8% | $5,501-91.9% | $1,963-77.3% |
| Participant deferral / active EE | $2,280 | $2,204+3.4% | $4,871-53.2% | $3,054-25.4% |
| Admin fee / account holder | $229 | $418-45.3% | $13,028-98.2% | $504-54.6% |