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.3+ years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $17,942 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $16,597 | $57,384-71.1% | $106,387-84.4% | $56,287-70.5% |
| Participation rate | 59.2% | 71.3%-12.1pp | 77.5%-18.3pp | 69.9%-10.7pp |
| Annual return | -4.72% | 5.91%-10.6pp | 0.25%-5.0pp | -9.96%+5.2pp |
| Employer contribution / active EE | $278 | $2,348-88.2% | $3,520-92.1% | $2,111-86.8% |
| Participant deferral / active EE | $3,314 | $3,799-12.8% | $5,421-38.9% | $3,350-1.1% |
| Admin fee / account holder | $123 | $566-78.3% | $7,510-98.4% | $521-76.4% |