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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $1,736 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,746 | $106,864-71.2% | $147,318-79.1% | $82,637-62.8% |
| Participation rate | 72.9% | 75.5%-2.6pp | 82.1%-9.2pp | 68.1%+4.8pp |
| Annual return | 16.04% | 27.49%-11.5pp | 70.43%-54.4pp | 53.51%-37.5pp |
| Employer contribution / active EE | $1,732 | $3,417-49.3% | $4,593-62.3% | $2,552-32.1% |
| Participant deferral / active EE | $5,981 | $6,496-7.9% | $7,906-24.3% | $4,126+45.0% |
| Admin fee / account holder | $330 | $8,415-96.1% | $13,708-97.6% | $7,339-95.5% |