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| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.1 year Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $7,429 |
401K GENERATION1 year Service code 13 · EIN 26-4477125 195 INTERNATIONAL PARKWAY · LAKE MARY, FL 32746 | Contract Administrator | $5,474 |
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,512 | $93,589-86.6% | $135,942-90.8% | $75,181-83.4% |
| Participation rate | 96.7% | 75.2%+21.5pp | 81.9%+14.8pp | 67.2%+29.5pp |
| Annual return | 33.28% | 30.90%+2.4pp | 68.28%-35.0pp | 160.69%-127.4pp |
| Employer contribution / active EE | $1,416 | $3,537-60.0% | $4,858-70.9% | $2,671-47.0% |
| Participant deferral / active EE | $3,650 | $6,405-43.0% | $7,759-53.0% | $4,126-11.5% |
| Admin fee / account holder | $112 | $6,977-98.4% | $10,764-99.0% | $5,650-98.0% |