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 | $7,574 |
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.
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 | $33,484 | $86,655-61.4% | $119,609-72.0% | $66,914-50.0% |
| Participation rate | 42.6% | 75.6%-32.9pp | 79.3%-36.6pp | 69.8%-27.2pp |
| Annual return | -7.92% | -8.00%+0.1pp | -14.97%+7.0pp | 1.58%-9.5pp |
| Employer contribution / active EE | $1,234 | $2,536-51.3% | $4,232-70.8% | $2,544-51.5% |
| Participant deferral / active EE | $2,824 | $4,358-35.2% | $5,602-49.6% | $4,237-33.4% |
| Admin fee / account holder | $68 | $755-90.9% | $10,323-99.3% | $593-88.5% |