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.1+ years Service code 15 · EIN 16-1124166 | Recordkeeping | $1,657 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $26,012 | $70,002-62.8% | $115,037-77.4% | $52,331-50.3% |
| Participation rate | 46.5% | 72.1%-25.6pp | 81.4%-34.9pp | 68.1%-21.6pp |
| Annual return | 10.01% | 4.04%+6.0pp | 26.14%-16.1pp | 4.54%+5.5pp |
| Employer contribution / active EE | $0 | $2,715-100.0% | $4,608-100.0% | $1,882-100.0% |
| Participant deferral / active EE | $6,693 | $4,920+36.0% | $6,026+11.1% | $3,022+121.5% |
| Admin fee / account holder | $10 | $566-98.2% | $8,175-99.9% | $592-98.3% |