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| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.2 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $10,287 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,926 | $106,749-72.9% | $145,433-80.1% | $82,448-64.9% |
| Participation rate | 93.8% | 75.6%+18.1pp | 82.1%+11.6pp | 68.1%+25.7pp |
| Annual return | 15.59% | 27.59%-12.0pp | 66.58%-51.0pp | 41.64%-26.0pp |
| Employer contribution / active EE | $2,628 | $3,444-23.7% | $4,554-42.3% | $2,551+3.0% |
| Participant deferral / active EE | $5,299 | $6,519-18.7% | $7,897-32.9% | $4,139+28.0% |
| Admin fee / account holder | $1,210 | $8,390-85.6% | $13,129-90.8% | $7,234-83.3% |