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 | $390 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $12,592 | $31,109-59.5% | $67,711-81.4% | $52,331-75.9% |
| Participation rate | 9.5% | 54.0%-44.5pp | 67.5%-58.1pp | 68.1%-58.6pp |
| Annual return | -1.68% | 23.70%-25.4pp | 25.41%-27.1pp | 4.54%-6.2pp |
| Employer contribution / active EE | $199 | $1,076-81.5% | $2,559-92.2% | $1,882-89.4% |
| Participant deferral / active EE | $243 | $1,970-87.7% | $3,585-93.2% | $3,022-92.0% |
| Admin fee / account holder | $172 | $466-63.1% | $4,255-96.0% | $592-70.9% |