See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.4 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $6,514 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $38,067 | $82,978-54.1% | $129,995-70.7% | $71,457-46.7% |
| Participation rate | 43.8% | 74.1%-30.3pp | 78.5%-34.7pp | 67.9%-24.1pp |
| Annual return | 17.71% | 20.60%-2.9pp | -137.18%+154.9pp | 28.85%-11.1pp |
| Employer contribution / active EE | $1,371 | $2,622-47.7% | $4,320-68.3% | $2,588-47.0% |
| Participant deferral / active EE | $3,327 | $4,432-24.9% | $5,820-42.8% | $4,289-22.4% |
| Admin fee / account holder | $52 | $1,729-97.0% | $10,614-99.5% | $1,587-96.7% |