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.9 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $19,203 |
Service code 27 | Advisory (Plan) | $17,741 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $70,568 | $66,098+6.8% | $101,794-30.7% | $74,304-5.0% |
| Participation rate | 59.0% | 53.8%+5.2pp | 69.2%-10.2pp | 60.3%-1.4pp |
| Annual return | 14.69% | 19.59%-4.9pp | 30.53%-15.8pp | 29.43%-14.7pp |
| Employer contribution / active EE | $916 | $1,082-15.3% | $2,289-60.0% | $2,241-59.1% |
| Participant deferral / active EE | $2,938 | $2,781+5.7% | $4,084-28.0% | $3,767-22.0% |
| Admin fee / account holder | $363 | $4,146-91.2% | $8,777-95.9% | $2,969-87.8% |