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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 | $18,756 |
Filed as: HIGHMARK, LLC Service code 26 · EIN 39-2292960 611 HUNTERS LN · BRENTWOOD, TN 37027 | Advisory (Participants) | $6,287 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $138,010 | $106,749+29.3% | $145,433-5.1% | $82,448+67.4% |
| Participation rate | 86.7% | 75.6%+11.1pp | 82.1%+4.6pp | 68.1%+18.7pp |
| Annual return | 17.55% | 27.59%-10.0pp | 66.58%-49.0pp | 41.64%-24.1pp |
| Employer contribution / active EE | $4,312 | $3,444+25.2% | $4,554-5.3% | $2,551+69.0% |
| Participant deferral / active EE | $10,172 | $6,519+56.0% | $7,897+28.8% | $4,139+145.7% |
| Admin fee / account holder | $3,705 | $8,390-55.8% | $13,129-71.8% | $7,234-48.8% |