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Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
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Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Service code 15 | Recordkeeping | $8,368 |
PAYCHEX, INC.1 year Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $5,221 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,115 | $91,407-86.7% | $135,903-91.1% | $71,457-83.0% |
| Participation rate | 62.0% | 75.7%-13.6pp | 81.9%-19.9pp | 67.9%-5.9pp |
| Annual return | 18.35% | 29.90%-11.5pp | 68.23%-49.9pp | 28.85%-10.5pp |
| Employer contribution / active EE | $1,527 | $3,703-58.8% | $4,856-68.6% | $2,588-41.0% |
| Participant deferral / active EE | $3,051 | $7,092-57.0% | $7,758-60.7% | $4,289-28.9% |
| Admin fee / account holder | $89 | $1,266-93.0% | $10,762-99.2% | $1,587-94.4% |