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| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.3 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $8,963 |
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 | $30,327 | $81,331-62.7% | $155,534-80.5% | $80,935-62.5% |
| Participation rate | 93.7% | 66.3%+27.4pp | 78.2%+15.5pp | 67.7%+26.0pp |
| Annual return | 12.13% | 33.37%-21.2pp | 64.92%-52.8pp | 35.66%-23.5pp |
| Employer contribution / active EE | $2,593 | $3,105-16.5% | $4,675-44.5% | $2,757-5.9% |
| Participant deferral / active EE | $4,614 | $3,454+33.6% | $5,630-18.0% | $4,299+7.3% |
| Admin fee / account holder | $115 | $7,999-98.6% | $15,900-99.3% | $6,924-98.3% |