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| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.1 year Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $6,743 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $18,523 | $65,125-71.6% | $143,797-87.1% | $66,949-72.3% |
| Participation rate | 88.7% | 65.2%+23.5pp | 80.3%+8.4pp | 69.8%+18.9pp |
| Annual return | -15.67% | -11.13%-4.5pp | -0.04%-15.6pp | 1.57%-17.2pp |
| Employer contribution / active EE | $0 | $2,362-100.0% | $4,952-100.0% | $2,545-100.0% |
| Participant deferral / active EE | $3,074 | $2,920+5.3% | $5,638-45.5% | $4,239-27.5% |
| Admin fee / account holder | $75 | $503-85.1% | $14,679-99.5% | $594-87.4% |