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| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.1+ years Service code 15 · EIN 16-1124166 | Recordkeeping | $333 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,685 | $72,177-50.6% | $115,038-69.0% | $59,633-40.2% |
| Participation rate | 75.0% | 72.6%+2.4pp | 81.4%-6.4pp | 68.7%+6.3pp |
| Annual return | 3.52% | 12.02%-8.5pp | 26.14%-22.6pp | 2041.45%-2037.9pp |
| Employer contribution / active EE | $1,795 | $2,841-36.8% | $4,608-61.1% | $2,203-18.5% |
| Participant deferral / active EE | $5,426 | $4,783+13.5% | $6,026-10.0% | $3,192+70.0% |
| Admin fee / account holder | $1,716 | $4,927-65.2% | $8,175-79.0% | $4,297-60.1% |