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.1 year Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $6,555 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant 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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $12,645 | $52,293-75.8% | $178,490-92.9% | $73,409-82.8% |
| Participation rate | 26.8% | 65.3%-38.6pp | 81.9%-55.2pp | 72.2%-45.4pp |
| Annual return | 20.78% | 34.75%-14.0pp | 151.07%-130.3pp | 59.29%-38.5pp |
| Employer contribution / active EE | $299 | $1,735-82.8% | $5,011-94.0% | $2,234-86.6% |
| Participant deferral / active EE | $646 | $2,332-72.3% | $5,202-87.6% | $3,805-83.0% |
| Admin fee / account holder | $136 | $127+6.6% | $13,984-99.0% | $158-14.0% |