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| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.1 year Service code 13 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Contract Administrator | $8,240 |
401K GENERATION1 year Service code 13 · EIN 26-4477125 195 INTERNATIONAL PARKWAY · LAKE MARY, FL 32746 | Contract Administrator | $5,357 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $5,960 | $55,790-89.3% | $76,657-92.2% | $67,579-91.2% |
| Participation rate | 76.4% | 71.1%+5.3pp | 72.1%+4.3pp | 71.3%+5.1pp |
| Annual return | 183.53% | 64.45%+119.1pp | 1166.74%-983.2pp | 378.56%-195.0pp |
| Employer contribution / active EE | $370 | $1,810-79.6% | $2,303-83.9% | $2,148-82.8% |
| Participant deferral / active EE | $2,638 | $2,875-8.2% | $3,335-20.9% | $3,539-25.5% |
| Admin fee / account holder | $38 | $159-75.9% | $6,423-99.4% | $142-73.0% |