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| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.3 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $22,567 |
401K GENERATION3 years Filed as: 401K GENERATION INC. Service code 15 · EIN 26-4477125 237 S WESTMONTE DR. · ALTAMONTE SPRINGS, FL 32714 | Recordkeeping | $17,392 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $50,576 | $52,188-3.1% | $86,617-41.6% | $74,440-32.1% |
| Participation rate | 66.1% | 66.3%-0.2pp | 71.7%-5.6pp | 70.7%-4.6pp |
| Annual return | 54.95% | 44.46%+10.5pp | 591.91%-537.0pp | 34.37%+20.6pp |
| Employer contribution / active EE | $1,170 | $2,282-48.7% | $3,023-61.3% | $2,638-55.6% |
| Participant deferral / active EE | $2,885 | $3,383-14.7% | $4,437-35.0% | $4,529-36.3% |
| Admin fee / account holder | $185 | $319-41.8% | $5,613-96.7% | $348-46.7% |