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| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.2+ years Service code 15 · EIN 16-1124166 220 KENNETH DRIVE · ROCHESTER, NY 14623 | Recordkeeping | $9,240 |
Annual investment return 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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $18,751 | $56,640-66.9% | $78,002-76.0% | $55,167-66.0% |
| Participation rate | 88.6% | 73.3%+15.3pp | 75.5%+13.0pp | 69.0%+19.6pp |
| Annual return | 4.95% | 2868.48%-2863.5pp | 425.99%-421.0pp | 169.23%-164.3pp |
| Employer contribution / active EE | $503 | $1,724-70.8% | $2,470-79.7% | $1,963-74.4% |
| Participant deferral / active EE | $1,589 | $2,778-42.8% | $3,497-54.6% | $3,054-48.0% |
| Admin fee / account holder | $35 | $467-92.5% | $5,481-99.4% | $504-93.1% |