See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 8-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.1+ years Service code 15 · EIN 16-1124166 220 KENNETH DRIVE · ROCHESTER, NY 14623 | Recordkeeping | $6,436 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant 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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,914 | $80,753-85.2% | $136,294-91.3% | $62,292-80.9% |
| Participation rate | 45.5% | 73.5%-28.1pp | 81.9%-36.5pp | 69.5%-24.1pp |
| Annual return | 17.57% | 35.83%-18.3pp | 5155.94%-5138.4pp | 28.90%-11.3pp |
| Employer contribution / active EE | $998 | $2,884-65.4% | $4,695-78.8% | $2,042-51.1% |
| Participant deferral / active EE | $1,696 | $5,164-67.2% | $6,247-72.9% | $3,169-46.5% |
| Admin fee / account holder | $98 | $525-81.4% | $9,243-98.9% | $479-79.7% |