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| Provider | Service type | Compensation |
|---|---|---|
MATRIX TRUST COMPANY4+ years Filed as: MG TRUST COMPANY DBA MATRIX TRUST C Service code 15 · EIN 75-3182674 | Recordkeeping | $143,225 |
Filed as: BLUE WATER ADVISORS Service code 26 133 EAST MAIN STREET · BABYLON, NY 11702 | Advisory (Participants) | $28,475 |
LYON CAPITAL MANAGEMENT4+ years Service code 26 · EIN 16-1516933 | Advisory (Participants) | $19,251 |
QCI ASSET MANAGEMENT4+ years Service code 26 40A GROVE STREET · PITTSFORD, NY 14534 | Advisory (Participants) | $13,841 |
TD AMERITRADE, INC.4+ years Service code 59 · EIN 82-0543156 | Shareholder Servicing | $6,679 |
HOWE, RILEY & HOWE PLLC2 years Filed as: HOWE & RUSLING Service code 26 120 EAST AVEN · ROCHESTER, NY 14604 | Advisory (Participants) | $6,507 |
MATRIX TRUST COMPANY3 years Service code 62 | Soft dollars commissions; Float revenue | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $257,510 | $75,388+241.6% | $123,553+108.4% | $55,725+362.1% |
| Participation rate | 100.0% | 75.7%+24.3pp | 82.3%+17.7pp | 70.9%+29.1pp |
| Annual return | -4.71% | 4.48%-9.2pp | 119.21%-123.9pp | 244.93%-249.6pp |
| Employer contribution / active EE | $13,477 | $3,063+340.0% | $4,628+191.2% | $2,078+548.5% |
| Participant deferral / active EE | $8,528 | $5,651+50.9% | $6,426+32.7% | $3,356+154.1% |
| Admin fee / account holder | $389 | $120+225.1% | $9,284-95.8% | $115+238.0% |