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 |
|---|---|---|
Service code 15 | Recordkeeping | $43,481 |
PAYCHEX, INC.2 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $13,441 |
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.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $70,614 | $58,879+19.9% | $178,490-60.4% | $73,488-3.9% |
| Participation rate | 60.9% | 66.2%-5.3pp | 81.9%-21.0pp | 70.7%-9.8pp |
| Annual return | 19.68% | 24.86%-5.2pp | 151.07%-131.4pp | 28.51%-8.8pp |
| Employer contribution / active EE | $2,347 | $2,236+5.0% | $5,011-53.2% | $2,270+3.4% |
| Participant deferral / active EE | $2,104 | $2,567-18.1% | $5,202-59.6% | $3,740-43.7% |
| Admin fee / account holder | $520 | $400+30.0% | $13,984-96.3% | $513+1.4% |