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 year Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $8,917 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $47,852 | $103,685-53.8% | $105,387-54.6% | $65,185-26.6% |
| Participation rate | 42.2% | 83.2%-41.0pp | 82.6%-40.4pp | 70.2%-28.0pp |
| Annual return | 24.79% | 23.88%+0.9pp | 26.82%-2.0pp | 29.38%-4.6pp |
| Employer contribution / active EE | $1,744 | $3,842-54.6% | $4,213-58.6% | $2,177-19.9% |
| Participant deferral / active EE | $4,619 | $5,634-18.0% | $5,502-16.0% | $3,514+31.5% |
| Admin fee / account holder | $80 | $399-79.9% | $6,559-98.8% | $847-90.5% |