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| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.1+ years Service code 15 · EIN 16-1124166 | Recordkeeping | $574 |
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).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,882 | $39,245-13.7% | $64,105-47.1% | $52,331-35.3% |
| Participation rate | 81.5% | 58.2%+23.3pp | 68.2%+13.3pp | 68.1%+13.4pp |
| Annual return | 0.27% | 14.79%-14.5pp | 791.24%-791.0pp | 4.54%-4.3pp |
| Employer contribution / active EE | $1,355 | $736+84.0% | $1,820-25.6% | $1,882-28.0% |
| Participant deferral / active EE | $2,398 | $1,992+20.4% | $2,822-15.0% | $3,022-20.7% |
| Admin fee / account holder | $8 | $592-98.7% | $4,499-99.8% | $592-98.7% |