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.8+ years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $14,587 |
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 | $22,962 | $80,138-71.3% | $130,231-82.4% | $71,457-67.9% |
| Participation rate | 91.4% | 71.0%+20.4pp | 76.3%+15.1pp | 67.9%+23.5pp |
| Annual return | 28.90% | 16.81%+12.1pp | 38.77%-9.9pp | 28.85%+0.1pp |
| Employer contribution / active EE | $730 | $2,834-74.3% | $4,126-82.3% | $2,588-71.8% |
| Participant deferral / active EE | $5,587 | $4,641+20.4% | $6,799-17.8% | $4,289+30.3% |
| Admin fee / account holder | $61 | $1,035-94.1% | $6,020-99.0% | $1,587-96.2% |