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.1+ years Service code 15 · EIN 16-1124166 | Recordkeeping | $2,448 |
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.
Annual investment return is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $11,792 | $52,903-77.7% | $73,307-83.9% | $59,632-80.2% |
| Participation rate | 59.1% | 68.2%-9.1pp | 74.9%-15.8pp | 68.7%-9.6pp |
| Annual return | -2.64% | 12.20%-14.8pp | 5.67%-8.3pp | 2041.28%-2043.9pp |
| Employer contribution / active EE | $528 | $1,909-72.3% | $3,237-83.7% | $2,203-76.0% |
| Participant deferral / active EE | $1,009 | $4,069-75.2% | $4,991-79.8% | $3,192-68.4% |
| Admin fee / account holder | $56 | $3,834-98.5% | $5,637-99.0% | $4,297-98.7% |