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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 | $106,247+16.0% | $147,096-16.2% | $77,714+58.5% |
| Participation rate | 44.3% | 78.4%-34.1pp | 82.2%-37.9pp | 70.6%-26.3pp |
| Annual return | 16.50% | 56.87%-40.4pp | 419.75%-403.3pp | 31.26%-14.8pp |
| Employer contribution / active EE | $1,605 | $4,069-60.6% | $4,936-67.5% | $2,727-41.1% |
| Participant deferral / active EE | $5,095 | $7,996-36.3% | $8,071-36.9% | $4,649+9.6% |
| Admin fee / account holder | $160 | $338-52.7% | $13,005-98.8% | $433-63.0% |