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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $802 |
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 | $126,447 | $77,677+62.8% | $109,173+15.8% | $79,391+59.3% |
| Participation rate | 99.2% | 67.8%+31.4pp | 75.9%+23.3pp | 70.7%+28.5pp |
| Annual return | 18.08% | 23.44%-5.4pp | 25.75%-7.7pp | 116.88%-98.8pp |
| Employer contribution / active EE | $2,767 | $2,798-1.1% | $3,723-25.7% | $2,428+14.0% |
| Participant deferral / active EE | $8,180 | $3,517+132.6% | $4,654+75.8% | $4,046+102.2% |
| Admin fee / account holder | $454 | $732-38.0% | $6,755-93.3% | $627-27.5% |