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 year Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $10,186 |
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 declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $4,725 | $65,118-92.7% | $76,768-93.8% | $55,725-91.5% |
| Participation rate | 81.4% | 79.6%+1.8pp | 77.0%+4.4pp | 70.9%+10.6pp |
| Annual return | 9.59% | -1.27%+10.9pp | 2.43%+7.2pp | 244.93%-235.3pp |
| Employer contribution / active EE | $815 | $1,941-58.0% | $2,485-67.2% | $2,078-60.8% |
| Participant deferral / active EE | $1,027 | $3,688-72.2% | $3,852-73.3% | $3,356-69.4% |
| Admin fee / account holder | $13 | $116-89.0% | $6,675-99.8% | $115-88.9% |