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| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.2 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $7,724 |
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,992 | $61,391-59.3% | $149,723-83.3% | $71,529-65.1% |
| Participation rate | 95.2% | 62.5%+32.7pp | 78.8%+16.5pp | 67.9%+27.3pp |
| Annual return | 16.12% | 35.88%-19.8pp | 134.50%-118.4pp | 28.97%-12.9pp |
| Employer contribution / active EE | $2,390 | $2,384+0.3% | $4,821-50.4% | $2,590-7.7% |
| Participant deferral / active EE | $3,891 | $2,921+33.2% | $5,682-31.5% | $4,291-9.3% |
| Admin fee / account holder | $97 | $1,264-92.3% | $13,215-99.3% | $1,588-93.9% |