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| Provider | Service type | Compensation |
|---|---|---|
Service code 27 | Advisory (Plan) | $64,880 |
PAYCHEX, INC.3 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $23,805 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $62,643 | $106,230-41.0% | $147,080-57.4% | $77,736-19.4% |
| Participation rate | 67.1% | 78.4%-11.3pp | 82.2%-15.1pp | 70.6%-3.5pp |
| Annual return | 21.61% | 56.91%-35.3pp | 420.17%-398.6pp | 31.26%-9.7pp |
| Employer contribution / active EE | $2,731 | $4,072-32.9% | $4,933-44.6% | $2,728+0.1% |
| Participant deferral / active EE | $5,793 | $8,001-27.6% | $8,066-28.2% | $4,651+24.6% |
| Admin fee / account holder | $201 | $338-40.6% | $12,989-98.5% | $433-53.6% |