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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 | $7,531 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,942 | $86,341-89.6% | $125,195-92.9% | $65,186-86.3% |
| Participation rate | 75.7% | 75.3%+0.4pp | 79.8%-4.1pp | 70.2%+5.5pp |
| Annual return | 22.49% | 27.44%-4.9pp | 43.79%-21.3pp | 29.39%-6.9pp |
| Employer contribution / active EE | $350 | $2,040-82.8% | $3,866-90.9% | $2,177-83.9% |
| Participant deferral / active EE | $1,876 | $3,538-47.0% | $4,937-62.0% | $3,514-46.6% |
| Admin fee / account holder | $70 | $609-88.5% | $9,704-99.3% | $847-91.8% |