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.1+ years Service code 15 · EIN 16-1124166 | Recordkeeping | $208 |
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,161 | $38,595-29.6% | $80,004-66.1% | $52,331-48.1% |
| Participation rate | 41.0% | 64.5%-23.5pp | 73.0%-32.0pp | 68.1%-27.1pp |
| Annual return | -1.60% | 2.04%-3.6pp | 7.63%-9.2pp | 4.54%-6.1pp |
| Employer contribution / active EE | $153 | $1,133-86.5% | $2,473-93.8% | $1,882-91.9% |
| Participant deferral / active EE | $1,064 | $2,318-54.1% | $3,204-66.8% | $3,022-64.8% |
| Admin fee / account holder | $24 | $304-92.0% | $5,033-99.5% | $592-95.9% |