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| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.7 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $30,351 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $123,206 | $106,264+15.9% | $147,117-16.3% | $77,762+58.4% |
| Participation rate | 44.3% | 78.4%-34.1pp | 82.2%-37.9pp | 70.6%-26.3pp |
| Annual return | 16.50% | 56.94%-40.4pp | 420.54%-404.0pp | 31.27%-14.8pp |
| Employer contribution / active EE | $1,605 | $4,074-60.6% | $4,932-67.5% | $2,728-41.2% |
| Participant deferral / active EE | $5,095 | $8,003-36.3% | $8,065-36.8% | $4,651+9.6% |
| Admin fee / account holder | $160 | $334-52.1% | $12,993-98.8% | $433-63.0% |