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| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.5 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $28,252 |
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 | $95,327 | $84,493+12.8% | $125,381-24.0% | $66,938+42.4% |
| Participation rate | 69.5% | 76.4%-6.9pp | 82.4%-12.9pp | 69.8%-0.3pp |
| Annual return | -17.31% | -8.49%-8.8pp | 572.31%-589.6pp | 1.58%-18.9pp |
| Employer contribution / active EE | $2,348 | $3,554-33.9% | $4,815-51.2% | $2,545-7.7% |
| Participant deferral / active EE | $7,153 | $6,783+5.4% | $7,448-4.0% | $4,238+68.8% |
| Admin fee / account holder | $148 | $685-78.4% | $10,007-98.5% | $594-75.1% |