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.3 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $7,747 |
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $2,903 | $45,031-93.6% | $84,966-96.6% | $77,643-96.3% |
| Participation rate | 63.0% | 48.7%+14.3pp | 67.5%-4.5pp | 70.6%-7.6pp |
| Annual return | 13.31% | 79.22%-65.9pp | 66.38%-53.1pp | 31.24%-17.9pp |
| Employer contribution / active EE | $435 | $1,609-73.0% | $2,727-84.1% | $2,726-84.1% |
| Participant deferral / active EE | $646 | $2,807-77.0% | $4,519-85.7% | $4,647-86.1% |
| Admin fee / account holder | $63 | $912-93.1% | $6,149-99.0% | $430-85.4% |