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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 | $99,875-69.2% | $146,866-79.1% | $86,983-64.7% |
| Participation rate | 72.9% | 75.8%-2.9pp | 82.5%-9.7pp | 69.5%+3.3pp |
| Annual return | 16.04% | 28.10%-12.1pp | 102.85%-86.8pp | 25.83%-9.8pp |
| Employer contribution / active EE | $1,732 | $3,224-46.3% | $4,425-60.8% | $2,584-33.0% |
| Participant deferral / active EE | $5,981 | $6,322-5.4% | $7,759-22.9% | $4,194+42.6% |
| Admin fee / account holder | $330 | $7,838-95.8% | $13,620-97.6% | $7,856-95.8% |