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 6-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 | $5,711 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $1,669 | $40,385-95.9% | $80,569-97.9% | $74,419-97.8% |
| Participation rate | 62.9% | 47.4%+15.5pp | 67.0%-4.1pp | 70.7%-7.8pp |
| Annual return | 24.93% | 164.85%-139.9pp | 935.43%-910.5pp | 34.38%-9.4pp |
| Employer contribution / active EE | $376 | $1,496-74.8% | $2,723-86.2% | $2,637-85.7% |
| Participant deferral / active EE | $582 | $2,674-78.2% | $4,447-86.9% | $4,528-87.1% |
| Admin fee / account holder | $21 | $720-97.1% | $5,377-99.6% | $348-93.9% |