Filed July 8, 2016 (most recent of 6 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Service code 26 · EIN 04-2675571 29 SAWYER ROAD · WALTHAM, MA 02453 | Advisory (Participants) | $67,286 |
PAYCHEX, INC.8 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $39,815 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $179,043 | $88,117+103.2% | $164,928+8.6% | $74,400+140.7% |
| Participation rate | 99.2% | 73.1%+26.1pp | 78.6%+20.6pp | 67.2%+32.0pp |
| Annual return | 16.30% | 17.27%-1.0pp | 70.08%-53.8pp | 1367.51%-1351.2pp |
| Employer contribution / active EE | $5,403 | $2,596+108.1% | $4,343+24.4% | $2,624+105.9% |
| Participant deferral / active EE | $9,490 | $4,501+110.8% | $6,034+57.3% | $4,348+118.2% |
| Admin fee / account holder | $733 | $2,230-67.1% | $12,684-94.2% | $1,944-62.3% |