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| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.1+ years Service code 15 · EIN 16-1124166 | Recordkeeping | $4,523 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,237 | $54,320-81.2% | $67,652-84.9% | $52,331-80.4% |
| Participation rate | 78.6% | 73.6%+5.0pp | 75.7%+2.9pp | 68.1%+10.5pp |
| Annual return | 0.27% | 6.81%-6.5pp | 6625.40%-6625.1pp | 4.54%-4.3pp |
| Employer contribution / active EE | $923 | $1,544-40.2% | $2,266-59.2% | $1,882-50.9% |
| Participant deferral / active EE | $1,748 | $2,950-40.8% | $3,560-50.9% | $3,022-42.2% |
| Admin fee / account holder | $16 | $527-97.1% | $4,821-99.7% | $592-97.4% |