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.2 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $12,452 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,156 | $47,126-72.1% | $149,673-91.2% | $74,419-82.3% |
| Participation rate | 47.8% | 63.4%-15.6pp | 78.8%-30.9pp | 70.7%-22.9pp |
| Annual return | 20.77% | 22.75%-2.0pp | 134.42%-113.6pp | 34.38%-13.6pp |
| Employer contribution / active EE | $1,027 | $1,905-46.1% | $4,818-78.7% | $2,637-61.1% |
| Participant deferral / active EE | $1,880 | $2,728-31.1% | $5,680-66.9% | $4,528-58.5% |
| Admin fee / account holder | $56 | $343-83.6% | $13,210-99.6% | $348-83.8% |