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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 476 TAYLOR DRIVE · OCEANSIDE, CA 92056 | Recordkeeping | $28,383 |
PAYCHEX, INC.4+ years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $25,706 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $30,129 | $58,093-48.1% | $80,022-62.3% | $56,287-46.5% |
| Participation rate | 88.4% | 73.6%+14.8pp | 75.8%+12.6pp | 69.9%+18.6pp |
| Annual return | -3.10% | 34.63%-37.7pp | 11.22%-14.3pp | -9.96%+6.9pp |
| Employer contribution / active EE | $459 | $1,933-76.2% | $2,468-81.4% | $2,111-78.2% |
| Participant deferral / active EE | $1,605 | $3,136-48.8% | $3,686-56.4% | $3,350-52.1% |
| Admin fee / account holder | $317 | $623-49.1% | $6,521-95.1% | $521-39.1% |