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.3 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $9,118 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $78,908 | $25,302+211.9% | $74,701+5.6% | $67,579+16.8% |
| Participation rate | 9.0% | 37.8%-28.9pp | 54.5%-45.5pp | 71.3%-62.3pp |
| Annual return | 21.49% | 10291.17%-10269.7pp | 752.92%-731.4pp | 378.56%-357.1pp |
| Employer contribution / active EE | $138 | $446-69.2% | $1,084-87.3% | $2,148-93.6% |
| Participant deferral / active EE | $424 | $954-55.5% | $1,964-78.4% | $3,539-88.0% |
| Admin fee / account holder | $385 | $108+257.9% | $3,333-88.4% | $142+170.8% |