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| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.8 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $31,870 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $62,413 | $88,360-29.4% | $145,433-57.1% | $67,986-8.2% |
| Participation rate | 68.8% | 65.5%+3.3pp | 82.1%-13.4pp | 57.2%+11.5pp |
| Annual return | 21.00% | 63.15%-42.1pp | 66.58%-45.6pp | 31.67%-10.7pp |
| Employer contribution / active EE | $2,013 | $3,054-34.1% | $4,554-55.8% | $2,019-0.3% |
| Participant deferral / active EE | $8,612 | $5,932+45.2% | $7,897+9.0% | $3,358+156.5% |
| Admin fee / account holder | $130 | $3,313-96.1% | $13,129-99.0% | $3,203-95.9% |