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 220 KENNETH DRIVE · ROCHESTER, NY 14623 | Recordkeeping | $5,720 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $35,917 | $64,909-44.7% | $82,313-56.4% | $62,292-42.3% |
| Participation rate | 27.9% | 74.9%-47.0pp | 76.9%-49.0pp | 69.5%-41.6pp |
| Annual return | 16.62% | 21.18%-4.6pp | 25.88%-9.3pp | 28.90%-12.3pp |
| Employer contribution / active EE | $693 | $1,676-58.6% | $2,428-71.4% | $2,042-66.1% |
| Participant deferral / active EE | $1,195 | $3,103-61.5% | $3,706-67.8% | $3,169-62.3% |
| Admin fee / account holder | $149 | $440-66.0% | $5,608-97.3% | $479-68.9% |