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| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.1 year Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $8,112 |
Service code 27 | Advisory (Plan) | $7,801 |
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,353 | $61,356-86.4% | $149,696-94.4% | $71,511-88.3% |
| Participation rate | 97.5% | 62.5%+34.9pp | 78.8%+18.7pp | 67.9%+29.5pp |
| Annual return | 28.16% | 35.86%-7.7pp | 134.46%-106.3pp | 28.86%-0.7pp |
| Employer contribution / active EE | $1,706 | $2,382-28.4% | $4,821-64.6% | $2,589-34.1% |
| Participant deferral / active EE | $3,432 | $2,920+17.6% | $5,682-39.6% | $4,291-20.0% |
| Admin fee / account holder | $49 | $1,263-96.1% | $13,212-99.6% | $1,588-96.9% |