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 | $10,453 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return 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 | $25,599 | $63,924-60.0% | $108,582-76.4% | $55,167-53.6% |
| Participation rate | 52.3% | 74.3%-22.0pp | 79.6%-27.2pp | 69.0%-16.7pp |
| Annual return | 4.51% | 15.31%-10.8pp | -51.70%+56.2pp | 169.23%-164.7pp |
| Employer contribution / active EE | $589 | $1,879-68.7% | $3,758-84.3% | $1,963-70.0% |
| Participant deferral / active EE | $2,052 | $3,067-33.1% | $4,311-52.4% | $3,054-32.8% |
| Admin fee / account holder | $170 | $618-72.4% | $7,645-97.8% | $504-66.2% |