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Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
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Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Service code 13 | Contract Administrator | $58,245 |
PAYCHEX, INC.3 years Service code 13 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Contract Administrator | $17,673 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $68,917 | $61,156+12.7% | $185,823-62.9% | $79,386-13.2% |
| Participation rate | 57.8% | 66.6%-8.8pp | 81.7%-23.9pp | 70.7%-12.9pp |
| Annual return | 14.78% | 19.45%-4.7pp | 122.05%-107.3pp | 116.85%-102.1pp |
| Employer contribution / active EE | $2,475 | $2,321+6.7% | $5,167-52.1% | $2,427+2.0% |
| Participant deferral / active EE | $2,335 | $2,789-16.3% | $5,568-58.1% | $4,046-42.3% |
| Admin fee / account holder | $582 | $710-17.9% | $16,237-96.4% | $626-7.0% |