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| Provider | Service type | Compensation |
|---|---|---|
Service code 27 | Advisory (Plan) | $33,981 |
PAYCHEX, INC.1 year Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $18,155 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $69,693 | $87,132-20.0% | $105,624-34.0% | $80,959-13.9% |
| Participation rate | 94.3% | 70.4%+23.8pp | 75.3%+19.0pp | 67.7%+26.6pp |
| Annual return | 13.63% | 17.03%-3.4pp | 116.20%-102.6pp | 35.67%-22.0pp |
| Employer contribution / active EE | $4,746 | $2,397+98.0% | $3,168+49.8% | $2,757+72.1% |
| Participant deferral / active EE | $4,879 | $3,985+22.4% | $5,013-2.7% | $4,300+13.5% |
| Admin fee / account holder | $422 | $8,449-95.0% | $10,961-96.2% | $6,925-93.9% |