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 10-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.10+ years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $22,773 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $16,878 | $55,416-69.5% | $75,972-77.8% | $77,643-78.3% |
| Participation rate | 35.0% | 63.6%-28.6pp | 69.1%-34.1pp | 70.6%-35.6pp |
| Annual return | 12.93% | 17.07%-4.1pp | 359.55%-346.6pp | 31.24%-18.3pp |
| Employer contribution / active EE | $433 | $1,788-75.8% | $2,685-83.9% | $2,726-84.1% |
| Participant deferral / active EE | $1,370 | $3,447-60.2% | $4,255-67.8% | $4,647-70.5% |
| Admin fee / account holder | $141 | $414-66.0% | $6,467-97.8% | $430-67.3% |