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.1+ years Service code 15 · EIN 16-1124166 | Recordkeeping | $1,437 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $30,985 | $39,245-21.0% | $64,105-51.7% | $52,331-40.8% |
| Participation rate | 65.5% | 58.2%+7.3pp | 68.2%-2.7pp | 68.1%-2.6pp |
| Annual return | 0.21% | 14.79%-14.6pp | 791.24%-791.0pp | 4.54%-4.3pp |
| Employer contribution / active EE | $1,709 | $736+132.1% | $1,820-6.1% | $1,882-9.2% |
| Participant deferral / active EE | $2,571 | $1,992+29.1% | $2,822-8.9% | $3,022-14.9% |
| Admin fee / account holder | $60 | $592-89.9% | $4,499-98.7% | $592-89.9% |