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.6+ years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $11,661 |
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.
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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,770 | $82,130-73.5% | $453,369-95.2% | $79,386-72.6% |
| Participation rate | 95.8% | 73.4%+22.4pp | 78.0%+17.8pp | 70.7%+25.1pp |
| Annual return | 15.03% | 345.31%-330.3pp | 64.40%-49.4pp | 116.85%-101.8pp |
| Employer contribution / active EE | $450 | $2,659-83.1% | $4,070-88.9% | $2,427-81.5% |
| Participant deferral / active EE | $3,682 | $4,314-14.7% | $6,209-40.7% | $4,046-9.0% |
| Admin fee / account holder | $65 | $531-87.8% | $11,209-99.4% | $626-89.7% |