Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 8-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.1 year Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $9,226 |
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,496 | $89,652-70.4% | $141,177-81.2% | $65,185-59.4% |
| Participation rate | 65.0% | 74.7%-9.7pp | 82.5%-17.5pp | 70.2%-5.2pp |
| Annual return | 50.52% | 32.79%+17.7pp | 71.40%-20.9pp | 29.38%+21.1pp |
| Employer contribution / active EE | $1,474 | $3,065-51.9% | $4,736-68.9% | $2,177-32.3% |
| Participant deferral / active EE | $2,573 | $5,691-54.8% | $6,710-61.7% | $3,514-26.8% |
| Admin fee / account holder | $3,002 | $569+428.1% | $10,263-70.7% | $847+254.4% |