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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 | $7,471 |
Service code 15 | Recordkeeping | $5,484 |
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).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,332 | $102,661-73.4% | $151,639-82.0% | $66,938-59.2% |
| Participation rate | 75.2% | 85.5%-10.3pp | 87.5%-12.3pp | 69.8%+5.4pp |
| Annual return | -14.63% | -10.81%-3.8pp | 3.34%-18.0pp | 1.58%-16.2pp |
| Employer contribution / active EE | $3,427 | $4,184-18.1% | $6,165-44.4% | $2,545+34.6% |
| Participant deferral / active EE | $4,936 | $6,645-25.7% | $8,363-41.0% | $4,238+16.5% |
| Admin fee / account holder | $170 | $630-73.0% | $11,613-98.5% | $594-71.4% |