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 7-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 | $7,946 |
Service code 27 | Advisory (Plan) | $5,436 |
Employer 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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $2,521 | $60,323-95.8% | $81,812-96.9% | $74,495-96.6% |
| Participation rate | 86.5% | 62.9%+23.7pp | 72.3%+14.2pp | 67.2%+19.3pp |
| Annual return | 13.46% | 16.90%-3.4pp | 773.79%-760.3pp | 1364.94%-1351.5pp |
| Employer contribution / active EE | $0 | $2,620-100.0% | $2,912-100.0% | $2,623-100.0% |
| Participant deferral / active EE | $1,509 | $3,387-55.5% | $4,319-65.1% | $4,346-65.3% |
| Admin fee / account holder | $24 | $1,486-98.4% | $7,386-99.7% | $1,942-98.8% |