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| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.3 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $56,830 |
Filed as: MESIROW Service code 27 · EIN 36-3429599 353 N CLARK STREET · CHICAGO, IL 60654 | Advisory (Plan) | $13,758 |
Service code 13 · EIN 47-1637791 1373 VETERANS HIGHWAY · HAUPPAUGE, NY 11788 | Contract Administrator | $5,625 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,784 | $106,264-80.4% | $147,117-85.9% | $77,762-73.3% |
| Participation rate | 86.5% | 78.4%+8.1pp | 82.2%+4.3pp | 70.6%+15.9pp |
| Annual return | 20.91% | 56.94%-36.0pp | 420.54%-399.6pp | 31.27%-10.4pp |
| Employer contribution / active EE | $2 | $4,074-100.0% | $4,932-100.0% | $2,728-99.9% |
| Participant deferral / active EE | $7,857 | $8,003-1.8% | $8,065-2.6% | $4,651+68.9% |
| Admin fee / account holder | $54 | $334-83.8% | $12,993-99.6% | $433-87.5% |