See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.3+ years Service code 15 · EIN 16-1124166 220 KENNETH DR. · ROCHESTER, NY 14623 | Recordkeeping | $5,120 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,827 | $46,100-76.5% | $86,590-87.5% | $69,631-84.5% |
| Participation rate | 47.5% | 67.2%-19.7pp | 73.5%-26.1pp | 70.7%-23.2pp |
| Annual return | 13.44% | 21.02%-7.6pp | 964.84%-951.4pp | 27571.02%-27557.6pp |
| Employer contribution / active EE | $471 | $1,850-74.6% | $2,839-83.4% | $2,032-76.8% |
| Participant deferral / active EE | $1,064 | $2,432-56.3% | $3,609-70.5% | $3,224-67.0% |
| Admin fee / account holder | $64 | $94-32.1% | $4,906-98.7% | $110-42.3% |