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| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.1 year Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $9,397 |
Filed as: AXA ADVISORS, LLC Service code 15 100 MADISON STREET · SYRACUSE, NY 13202 | Recordkeeping | $7,477 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $8,278 | $52,961-84.4% | $172,752-95.2% | $65,185-87.3% |
| Participation rate | 90.8% | 66.2%+24.6pp | 82.6%+8.1pp | 70.2%+20.6pp |
| Annual return | 22.16% | 30.12%-8.0pp | 802.97%-780.8pp | 29.38%-7.2pp |
| Employer contribution / active EE | $1,295 | $2,190-40.9% | $5,144-74.8% | $2,177-40.5% |
| Participant deferral / active EE | $1,222 | $2,471-50.5% | $5,198-76.5% | $3,514-65.2% |
| Admin fee / account holder | $76 | $472-84.0% | $13,955-99.5% | $847-91.1% |