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.3+ years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $9,590 |
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.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $16,599 | $89,652-81.5% | $141,162-88.2% | $65,185-74.5% |
| Participation rate | 45.8% | 74.7%-28.9pp | 82.5%-36.7pp | 70.2%-24.4pp |
| Annual return | 24.12% | 32.79%-8.7pp | 71.39%-47.3pp | 29.38%-5.3pp |
| Employer contribution / active EE | $1,120 | $3,065-63.5% | $4,735-76.3% | $2,177-48.5% |
| Participant deferral / active EE | $1,940 | $5,691-65.9% | $6,709-71.1% | $3,514-44.8% |
| Admin fee / account holder | $98 | $569-82.7% | $10,261-99.0% | $847-88.4% |