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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 | $6,574 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $19,844 | $91,474-78.3% | $135,982-85.4% | $71,529-72.3% |
| Participation rate | 99.1% | 75.7%+23.4pp | 81.9%+17.2pp | 67.9%+31.2pp |
| Annual return | 22.03% | 29.89%-7.9pp | 68.32%-46.3pp | 28.97%-6.9pp |
| Employer contribution / active EE | $1,926 | $3,705-48.0% | $4,859-60.4% | $2,590-25.6% |
| Participant deferral / active EE | $4,593 | $7,095-35.3% | $7,760-40.8% | $4,291+7.0% |
| Admin fee / account holder | $58 | $1,267-95.4% | $10,767-99.5% | $1,588-96.4% |