Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.2 years Service code 15 · EIN 16-1124166 220 KENNETH DRIVE · ROCHESTER, NY 14623 | Recordkeeping | $12,618 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $20,395 | $51,466-60.4% | $78,778-74.1% | $62,293-67.3% |
| Participation rate | 52.9% | 59.8%-6.9pp | 69.2%-16.3pp | 69.5%-16.7pp |
| Annual return | 54.08% | 19.96%+34.1pp | 35.62%+18.5pp | 28.90%+25.2pp |
| Employer contribution / active EE | $233 | $827-71.8% | $1,986-88.3% | $2,042-88.6% |
| Participant deferral / active EE | $2,002 | $2,147-6.8% | $2,958-32.3% | $3,169-36.8% |
| Admin fee / account holder | $214 | $489-56.3% | $5,134-95.8% | $479-55.3% |