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| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.1 year Filed as: PAYCHEX, INC Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $5,861 |
Filed as: MERRILL LYNCH, PIERCE, FENNER Service code 15 · EIN 13-5674085 4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281 | Recordkeeping | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $32,018 | $81,494-60.7% | $133,978-76.1% | $73,497-56.4% |
| Participation rate | 73.1% | 76.4%-3.3pp | 79.8%-6.8pp | 70.7%+2.4pp |
| Annual return | 12.79% | 19.40%-6.6pp | 45.10%-32.3pp | 28.51%-15.7pp |
| Employer contribution / active EE | $822 | $2,210-62.8% | $3,919-79.0% | $2,270-63.8% |
| Participant deferral / active EE | $2,384 | $3,787-37.0% | $5,047-52.8% | $3,740-36.2% |
| Admin fee / account holder | $66 | $713-90.7% | $8,930-99.3% | $513-87.1% |