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.2 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $14,163 |
Service code 15 | Recordkeeping | $7,873 |
Service code 15 C/O DCA YY 7123400174 · NASHVILLE, TN 37238 | Recordkeeping | $7,822 |
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.
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 | $31,236 | $79,519-60.7% | $95,952-67.4% | $73,409-57.4% |
| Participation rate | 58.6% | 81.2%-22.5pp | 77.1%-18.4pp | 72.2%-13.5pp |
| Annual return | 17.98% | 19.20%-1.2pp | 91.61%-73.6pp | 59.29%-41.3pp |
| Employer contribution / active EE | $719 | $2,048-64.9% | $2,541-71.7% | $2,234-67.8% |
| Participant deferral / active EE | $2,926 | $4,138-29.3% | $4,167-29.8% | $3,805-23.1% |
| Admin fee / account holder | $135 | $184-26.5% | $6,795-98.0% | $158-14.3% |