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| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.3 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $5,104 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $1,341 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $36,225 | $45,825-20.9% | $90,657-60.0% | $56,289-35.6% |
| Participation rate | 62.7% | 66.7%-4.0pp | 74.0%-11.4pp | 69.9%-7.2pp |
| Annual return | -5.15% | 38.64%-43.8pp | 1.89%-7.0pp | -9.96%+4.8pp |
| Employer contribution / active EE | $431 | $1,372-68.6% | $2,532-83.0% | $2,111-79.6% |
| Participant deferral / active EE | $1,590 | $2,562-38.0% | $3,424-53.6% | $3,350-52.5% |
| Admin fee / account holder | $285 | $413-30.9% | $4,994-94.3% | $521-45.2% |