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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142000600 | Recordkeeping | $836 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $30,751 | $50,666-39.3% | $76,657-59.9% | $65,185-52.8% |
| Participation rate | 55.0% | 68.8%-13.8pp | 72.1%-17.1pp | 70.2%-15.2pp |
| Annual return | 20.53% | 28.51%-8.0pp | 1166.74%-1146.2pp | 29.38%-8.9pp |
| Employer contribution / active EE | $918 | $1,575-41.7% | $2,303-60.1% | $2,177-57.8% |
| Participant deferral / active EE | $1,960 | $2,647-26.0% | $3,335-41.2% | $3,514-44.2% |
| Admin fee / account holder | $32 | $463-93.1% | $6,423-99.5% | $847-96.2% |