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.6+ years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $52,388 |
Service code 15 | Recordkeeping | $14,661 |
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.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $11,155 | $52,293-78.7% | $178,490-93.8% | $73,409-84.8% |
| Participation rate | 68.0% | 65.3%+2.6pp | 81.9%-14.0pp | 72.2%-4.2pp |
| Annual return | 15.38% | 34.75%-19.4pp | 151.07%-135.7pp | 59.29%-43.9pp |
| Employer contribution / active EE | $0 | $1,735-100.0% | $5,011-100.0% | $2,234-100.0% |
| Participant deferral / active EE | $947 | $2,332-59.4% | $5,202-81.8% | $3,805-75.1% |
| Admin fee / account holder | $126 | $127-1.1% | $13,984-99.1% | $158-20.2% |