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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 PO BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $348 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $41,429 | $76,112-45.6% | $96,534-57.1% | $71,511-42.1% |
| Participation rate | 54.8% | 74.4%-19.6pp | 76.0%-21.2pp | 67.9%-13.2pp |
| Annual return | 18.09% | 22.81%-4.7pp | 25.88%-7.8pp | 28.86%-10.8pp |
| Employer contribution / active EE | $0 | $2,248-100.0% | $2,965-100.0% | $2,589-100.0% |
| Participant deferral / active EE | $775 | $4,217-81.6% | $4,851-84.0% | $4,291-81.9% |
| Admin fee / account holder | $155 | $2,708-94.3% | $8,253-98.1% | $1,588-90.3% |