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 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $7,455 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,388 | $55,423-81.3% | $155,602-93.3% | $74,400-86.0% |
| Participation rate | 59.3% | 61.9%-2.6pp | 78.2%-18.9pp | 67.2%-7.9pp |
| Annual return | 11.60% | 269.07%-257.5pp | 64.81%-53.2pp | 1367.51%-1355.9pp |
| Employer contribution / active EE | $1,007 | $2,266-55.5% | $4,675-78.5% | $2,624-61.6% |
| Participant deferral / active EE | $1,231 | $2,835-56.6% | $5,629-78.1% | $4,348-71.7% |
| Admin fee / account holder | $39 | $1,744-97.8% | $15,923-99.8% | $1,944-98.0% |