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| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.8 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $27,600 |
Filed as: ALLIANT RETIREMENT SERVICES LLC Service code 26 · EIN 33-0785439 701 B STREET · SAN DIEGO, CA 92101 | Advisory (Participants) | $11,116 |
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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $6,780 | $55,458-87.8% | $76,030-91.1% | $77,762-91.3% |
| Participation rate | 66.5% | 63.6%+2.9pp | 69.1%-2.5pp | 70.6%-4.1pp |
| Annual return | 14.41% | 17.10%-2.7pp | 361.54%-347.1pp | 31.27%-16.9pp |
| Employer contribution / active EE | $520 | $1,792-71.0% | $2,688-80.7% | $2,728-80.9% |
| Participant deferral / active EE | $1,345 | $3,454-61.1% | $4,257-68.4% | $4,651-71.1% |
| Admin fee / account holder | $96 | $411-76.7% | $6,421-98.5% | $433-77.9% |