PAYCHEX, INC.
30 known aliases resolved via the canonical alias map
Market position · 2024
Plans served582-46 YoYRank #52 of mapped providers
Assets under administration$15.8B0.0%Market share · rank #830
Fees received$22MMedian $14,554/planSum across Schedule C direct + indirect
Net wins YoY-34170 won · 204 lostPlan-level switch detection
Plans served · 5-year trajectory
Market-share plans percent annotated. Bar height is raw plan count.
Customer-base shape
What does a typical PAYCHEX, INC. plan look like?
Service mix · median fees per plan
Count of plans where PAYCHEX, INC. ships each service code, and the median compensation they report under it.
| Service | Plans | Median fees | Distribution |
|---|---|---|---|
Recordkeeping and information management (computing, tabulating, data processing, etc.); Investment advisory (plan)Code 15 | 539 | $14,457 | |
Recordkeeping and information management (computing, tabulating, data processing, etc.); Investment advisory (participants); Contract AdministratorCode 13 | 33 | $19,832 | |
Investment advisory (participants)Code 26 | 4 | $261 | |
Other services; Direct payment from the planCode 49 | 3 | $13,175 | |
Direct payment from the plan; Accounting (including auditing)Code 10 | 2 | $16,980 | |
Consulting (general); Insurance servicesCode 16 | 1 | $1,651 |
Competitor overlap
Percent of PAYCHEX, INC.'s plans that also list each competitor on Schedule C. High numbers = co-living partners; low numbers = direct displacement targets.
Plans won in 2024
Appeared this year; did not appear last year under PAYCHEX, INC..
| Sponsor | From | Assets |
|---|---|---|
DAILY EXPRESS INCPA · 231530123-002 | TORRILLO & ASSOCIATES, LLC | $45M |
SURGICAL SPECIALISTS OF CHARLONC · 561026666-001 | (new plan) | $28M |
SAINT MARY'S HALLTX · 740877330-002 | CAPFINANCIAL PARTNERS LLC | $25M |
HUNTERDON ORTHOPEDIC INSTITUTENJ · 222175464-003 | (new plan) | $22M |
ECORP CONSULTING INCCA · 680416814-002 | CETERA ADVISOR NETWORKS LLC | $21M |
BREMER WHYTE BROWN OMEARA LLPNV · 330747275-001 | MORGAN STANLEY SMITH BARNEY | $19M |
DIGIPEN USA LLCWA · 911946296-001 | SCS | $19M |
MAX SURGICAL SPECIALTY MANAGEMNJ · 812077531-003 | (new plan) | $18M |
ENVIRONMENTAL SAFETY AND HEALTLA · 721273092-001 | EDWARD JONES | $17M |
SOUTH FLORIDA SURGICAL SPECIALFL · 201759480-002 | (new plan) | $17M |
Plans lost in 2024
Appeared last year under PAYCHEX, INC.; not this year.
| Sponsor | To | Assets |
|---|---|---|
MORGAN & MORGAN P AFL · 592920684-001 | GREAT-WEST LIFE & ANNUITY INSURANCE | $157M |
BOARD OF TRUSTEE UNITE HERE! WORKERSMA · 454227067-026 | MEKETA INVESTMENT GROUP | $137M |
CENTERVIEW PARTNERS LLCNY · 200834979-001 | GREAT-WEST LIFE & ANNUITY INSURANCE | $55M |
HEARTLAND HOME SERVICES, INC.MI · 823319060-002 | FIDELITY INVESTMENTS INSTITUTIONAL | $40M |
BETA GROUP INCRI · 050398907-001 | FIDELITY INVESTMENTS INSTITUTIONAL | $39M |
DYSTAR LPNC · 561929091-003 | MMA SECURITIES LLC | $36M |
GUARDIAN DENTISTRY PRACTICE MAFL · 833074236-001 | FIDELITY INVESTMENTS INSTITUTIONAL | $36M |
ALLEGIANCE TRUCKS NORTH AMERICA, LLCTX · 854127130-002 | FORVIS, LLP | $34M |
OST INCVA · 522175314-001 | PRINCIPAL LIFE INSURANCE COMPANY | $32M |
DAVID ZWIRNER INCNY · 133686839-002 | JOHN HANCOCK LIFE INSURANCE COMPANY | $29M |
Top plans by assets
Searchable full list lands with the commercial layer.
| Plan | Assets | Participants | Fees | Tenure | Flags |
|---|---|---|---|---|---|
JOINT BOARD OF TRUSTEES, BAKERY & CONFECTIONERY UNION & INDUSTRYMD · 526118572-001 | $6.6B | 99,660 | $13,825 | 5y | - |
PAYCHEX RETIREMENT LLCNY · 853275179-001 | $1.8B | 661,036 | $12M | 4y | 2 |
BOARD OF TRUSTEES, MICHIGAN CARPENTERS' PENSION FUNDMI · 386233978-001 | $725M | 10,125 | $13,175 | 4y | - |
SHEET METAL WORKERS PENSION FUND OF LOCAL UNIONPA · 231494364-001 | $519M | 4,207 | $9,671 | 10y | - |
YWCA RETIREMENT FUND, INC.NY · 131624231-001 | $407M | 11,316 | $26,013 | 5y | 1 |
DISTRICT 1199J-NEW JERSEY HEALTH CARE EMPLOYERS-NJ · 223095464-001 | $255M | 9,907 | $10,746 | 7y | - |
LABORERS LOCAL UNION NO. 158 PENSION FUNDPA · 236580323-001 | $247M | 5,499 | $7,947 | 8y | - |
LTIMINDTREE LTDNJ · 223524303-001 | $207M | 7,262 | $12,210 | 9y | 2 |
L&T TECHNOLOGY SERVICESNJ · 462951591-001 | $57M | 3,006 | $18,807 | 5y | 2 |
GIL-BAR INDUSTRIES INC.NY · 112812363-001 | $56M | 606 | $17,832 | 3y | - |
Flag exposure
89.7%Market: 89.2%
This provider
Market baseline
Share of this provider's plans tripping any deterministic red flag this year. Lower than market baseline = better risk surface.
Aliases resolved (30)
Raw Schedule C names collapsed into PAYCHEX, INC..
- PAYCHEX
- PAYCHEX , INC
- PAYCHEX , INC.
- PAYCHEX INC
- PAYCHEX INC DBA SOUTHEASTERN EMPLOY
- PAYCHEX INC,
- PAYCHEX INC.
- PAYCHEX MAJOR MARKET SERVICES
- PAYCHEX MAJOR MARKETING SERVICES
- PAYCHEX OF NEW YORK LLC
- PAYCHEX OF NEW YORK, LLC
- PAYCHEX RECORDKEEPING SERVICES
- PAYCHEX RECORDKEEPING SERVICES INC
- PAYCHEX RECORDKEEPING SERVICES, INC
- PAYCHEX RECORDKEEPING SRVC DBA SEBS
- PAYCHEX RETIREMENT
- PAYCHEX RETIREMENT SERVICES
- PAYCHEX RETIREMENT SERVICES INC
- PAYCHEX RETIREMENT SERVICES, INC.
- PAYCHEX SEBS
- PAYCHEX SECURITIES
- PAYCHEX SECURITIES CORP
- PAYCHEX SECURITIES CORP.
- PAYCHEX SECURITIES CORPORATION
- PAYCHEX, IN.C
Book composition by plan size
Bars stack to total plans served; segments use the same asset cutoffs as the /retirement size filter. Up-and-to-the-right on the bigger segments = moving up-market.
Under $5M$5-50M$50-250M$250M-1B$1B+
Compliance posture vs market
Per-flag share for PAYCHEX, INC.'s book against the same flag's overall prevalence across all filings. Negative delta = under-indexed (cleaner book); positive = elevated risk surface.
| Flag | Plans flagged | Provider % | Market % | Delta |
|---|---|---|---|---|
| Recently terminated | 9 | 1.55% | 7.76% | -6.22 pp |
| Fidelity bond gap | 138 | 23.71% | 26.94% | -3.23 pp |
| Late contributions | 76 | 13.06% | 1.71% | +11.35 pp |
| Failed to provide benefit | 1 | 0.17% | 0.14% | 0.03 pp |
| Corrective distributions | 139 | 23.88% | 1.76% | +22.12 pp |
| Loss discovered | 0 | 0.00% | 0.00% | -0.00 pp |
New-plan formation share
Share of plans filing for the first time each year that landed with PAYCHEX, INC.. Compare to the incumbent market share (0.9%) - higher = winning new business, lower = coasting on existing relationships.
0.1%-0.8 pp vs incumbent
Geographic penetration index
(Provider plans in state / state plans) divided by the provider's overall share of the market. Index 1.00 = average; > 1 = over-indexed (winning more than their fair share); < 1 = under-indexed (white space).