Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 8-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.1 year Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $6,965 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $5,617 | $23,224-75.8% | $71,086-92.1% | $55,725-89.9% |
| Participation rate | 22.9% | 37.9%-15.0pp | 54.7%-31.7pp | 70.9%-48.0pp |
| Annual return | -17.79% | -2.87%-14.9pp | 650.59%-668.4pp | 244.93%-262.7pp |
| Employer contribution / active EE | $257 | $436-41.0% | $1,088-76.3% | $2,078-87.6% |
| Participant deferral / active EE | $625 | $929-32.8% | $1,874-66.7% | $3,356-81.4% |
| Admin fee / account holder | $130 | $118+10.2% | $3,082-95.8% | $115+12.8% |