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 year Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $5,753 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,984 | $81,474-60.7% | $133,956-76.1% | $73,488-56.5% |
| Participation rate | 50.8% | 76.4%-25.6pp | 79.8%-29.1pp | 70.7%-19.9pp |
| Annual return | 12.21% | 19.40%-7.2pp | 45.09%-32.9pp | 28.51%-16.3pp |
| Employer contribution / active EE | $1,194 | $2,209-46.0% | $3,919-69.5% | $2,270-47.4% |
| Participant deferral / active EE | $3,053 | $3,786-19.4% | $5,048-39.5% | $3,740-18.3% |
| Admin fee / account holder | $64 | $713-91.0% | $8,927-99.3% | $513-87.4% |