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| Provider | Service type | Compensation |
|---|---|---|
MATRIX TRUST COMPANY3+ years Filed as: MG TRUST COMPANY DBA MATRIX TRUST C Service code 15 · EIN 75-3182674 | Recordkeeping | $129,250 |
Filed as: BLUE WATER ADVISORS Service code 26 133 EAST MAIN STREET · BABYLON, NY 11702 | Advisory (Participants) | $25,131 |
HOWE, RILEY & HOWE PLLC1 year Filed as: HOWE & RUSLING Service code 26 120 EAST AVEN · ROCHESTER, NY 14604 | Advisory (Participants) | $22,324 |
LYON CAPITAL MANAGEMENT3+ years Service code 26 · EIN 16-1516933 | Advisory (Participants) | $17,380 |
QCI ASSET MANAGEMENT3+ years Service code 26 40A GROVE STREET · PITTSFORD, NY 14534 | Advisory (Participants) | $13,124 |
TD AMERITRADE, INC.3+ years Service code 59 · EIN 82-0543156 | Shareholder Servicing | $6,135 |
MATRIX TRUST COMPANY2 years Service code 62 | Float revenue; Soft dollars commissions | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $279,276 | $155,795+79.3% | $136,298+104.9% | $69,631+301.1% |
| Participation rate | 97.5% | 75.2%+22.3pp | 81.9%+15.6pp | 70.7%+26.8pp |
| Annual return | 15.91% | 232464.33%-232448.4pp | 5156.27%-5140.4pp | 27571.02%-27555.1pp |
| Employer contribution / active EE | $13,090 | $2,991+337.7% | $4,696+178.8% | $2,032+544.2% |
| Participant deferral / active EE | $9,476 | $5,394+75.7% | $6,247+51.7% | $3,224+193.9% |
| Admin fee / account holder | $378 | $128+194.6% | $9,244-95.9% | $110+242.1% |