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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 | $106,864-72.9% | $147,318-80.4% | $82,637-65.0% |
| Participation rate | 93.8% | 75.5%+18.2pp | 82.1%+11.7pp | 68.1%+25.7pp |
| Annual return | 15.59% | 27.49%-11.9pp | 70.43%-54.8pp | 53.51%-37.9pp |
| Employer contribution / active EE | $2,628 | $3,417-23.1% | $4,593-42.8% | $2,552+3.0% |
| Participant deferral / active EE | $5,299 | $6,496-18.4% | $7,906-33.0% | $4,126+28.4% |
| Admin fee / account holder | $1,210 | $8,415-85.6% | $13,708-91.2% | $7,339-83.5% |