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| Provider | Service type | Compensation |
|---|---|---|
Filed as: ADIRONDACK FINANCIAL SERVICES Service code 26 185 GENESEE STREET, SUITE 210 · UTICA, NY 13501 | Advisory (Participants) | $43,989 |
Filed as: BENEFIT PLANS ADMINISTRATIVE SVCS Service code 15 · EIN 16-1503696 | Recordkeeping | $24,422 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $19,868 | $46,332-57.1% | $143,799-86.2% | $64,819-69.3% |
| Participation rate | 49.5% | 64.2%-14.8pp | 80.3%-30.9pp | 71.5%-22.0pp |
| Annual return | -10.00% | -10.05%+0.1pp | -0.04%-10.0pp | 32.84%-42.8pp |
| Employer contribution / active EE | $988 | $1,911-48.3% | $4,952-80.0% | $2,507-60.6% |
| Participant deferral / active EE | $1,934 | $2,647-26.9% | $5,638-65.7% | $4,311-55.1% |
| Admin fee / account holder | $138 | $154-10.5% | $14,677-99.1% | $188-26.7% |