See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.2 years Service code 15 · EIN 16-1124166 220 KENNETH DRIVE · ROCHESTER, NY 14623 | Recordkeeping | $22,279 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $64,078 | $80,753-20.6% | $136,294-53.0% | $62,292+2.9% |
| Participation rate | 60.1% | 73.5%-13.4pp | 81.9%-21.8pp | 69.5%-9.4pp |
| Annual return | 20.50% | 35.83%-15.3pp | 5155.94%-5135.4pp | 28.90%-8.4pp |
| Employer contribution / active EE | $6 | $2,884-99.8% | $4,695-99.9% | $2,042-99.7% |
| Participant deferral / active EE | $9,615 | $5,164+86.2% | $6,247+53.9% | $3,169+203.4% |
| Admin fee / account holder | $324 | $525-38.4% | $9,243-96.5% | $479-32.4% |