Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.2 years Service code 15 · EIN 16-1124166 220 KENNETH DRIVE · ROCHESTER, NY 14623 | Recordkeeping | $11,933 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,777 | $89,739-85.8% | $149,721-91.5% | $62,293-79.5% |
| Participation rate | 58.3% | 85.1%-26.8pp | 87.1%-28.8pp | 69.5%-11.2pp |
| Annual return | 39.10% | 21.01%+18.1pp | 1501.67%-1462.6pp | 28.90%+10.2pp |
| Employer contribution / active EE | $325 | $3,233-89.9% | $5,444-94.0% | $2,042-84.1% |
| Participant deferral / active EE | $3,002 | $4,797-37.4% | $6,568-54.3% | $3,169-5.3% |
| Admin fee / account holder | $104 | $551-81.2% | $11,282-99.1% | $479-78.4% |