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 10-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.4 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $9,302 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,057 | $61,156-57.4% | $185,823-86.0% | $79,386-67.2% |
| Participation rate | 38.1% | 66.6%-28.5pp | 81.7%-43.6pp | 70.7%-32.6pp |
| Annual return | 15.99% | 19.45%-3.5pp | 122.05%-106.1pp | 116.85%-100.9pp |
| Employer contribution / active EE | $539 | $2,321-76.8% | $5,167-89.6% | $2,427-77.8% |
| Participant deferral / active EE | $2,265 | $2,789-18.8% | $5,568-59.3% | $4,046-44.0% |
| Admin fee / account holder | $163 | $710-77.0% | $16,237-99.0% | $626-74.0% |