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| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.2+ years Filed as: PAYCHEX Service code 15 · EIN 16-1470238 | Recordkeeping | $860 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $73,950 | $43,423+70.3% | $78,676-6.0% | $55,167+34.0% |
| Participation rate | 97.9% | 68.0%+29.9pp | 73.6%+24.3pp | 69.0%+28.9pp |
| Annual return | 5.93% | 11.53%-5.6pp | 62.19%-56.3pp | 169.23%-163.3pp |
| Employer contribution / active EE | $10,298 | $1,997+415.8% | $2,850+261.3% | $1,963+424.7% |
| Participant deferral / active EE | $4,635 | $2,509+84.7% | $3,517+31.8% | $3,054+51.7% |
| Admin fee / account holder | $3 | $416-99.4% | $4,510-99.9% | $504-99.5% |