# Paychex Retirement LLC 401(k) Plan
Source: https://planprovider.pro/companies/paychex-retirement-llc-401k-plan

> Paychex Retirement LLC's 401(k) plan: 621,703 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Paychex Retirement LLC

- **Sponsor EIN:** 853275179

- **Sponsor Address:** 911 PANORAMA TRAIL SOUTH, ROCHESTER, NY, 14625

- **Plan Type:** 401(k)

- **Total Participants:** 621,703

- **Total Assets:** $1.8B

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|621,703|$1.8B|$169.0M|$575.5M|

| 2023|503,539|$1.1B|$120.9M|$429.1M|

| 2022|316,905|$433.9M|$57.9M|$244.7M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| PAYCHEX, INC.|INVESTMENT ADVISORY (PART|$11,899,319|—|$11,899,319|

| EXCEL WEALTH MANAGEMENT, LLC|INVESTMENT ADVISORY (PART|$560,227|—|$560,227|

| MESIROW FINANCIAL HOLDINGS, INC|INVESTMENT ADVISOR/MANAGE|$543,541|—|$543,541|

| MID-ATLANTIC TRUST COMPANY|PLAN TRUSTEE|$322,968|—|$322,968|

| CAPE INVESTMENT ADVISORY, INC|INVESTMENT ADVISORY (PART|$290,081|—|$290,081|

| 401K GENERATION INC.|INVESTMENT ADVISORY (PART|$285,125|—|$285,125|

| LPL FINANCIAL|INVESTMENT ADVISORY (PART|$60,385|—|$60,385|

| KEITH MCBRIDE FINANCIAL SERVICES, I|INVESTMENT ADVISORY (PART|$53,511|—|$53,511|

| WELLS FARGO ADVISORS|INVESTMENT ADVISORY (PART|$49,510|—|$49,510|

| COMMONWEALTH FINANCIAL NETWORK|INVESTMENT ADVISORY (PART|$45,885|—|$45,885|

| FERMATA 401K, LLC|INVESTMENT ADVISORY (PART|$44,231|—|$44,231|

| OSAIC WEALTH, INC.|INVESTMENT ADVISORY (PART|$37,405|—|$37,405|

| STONEHENGE RETIREMENT PLANNERS LLC|INVESTMENT ADVISORY (PART|$35,050|—|$35,050|

| KESTRA ADVISORY SERVICES, LLC|INVESTMENT ADVISORY (PART|$29,291|—|$29,291|

| STEEL PEAK WEALTH MANAGEMENT|INVESTMENT ADVISORY (PART|$28,242|—|$28,242|

| FIDUCIARY BENEFITS GROUP, INC.|INVESTMENT ADVISORY (PART|$16,071|—|$16,071|

| RESOURCES INVESTMENT ADVISORS|INVESTMENT ADVISORY (PART|$15,853|—|$15,853|

| ELE ADVISORY SERVICES, INC.|INVESTMENT ADVISORY (PART|$14,363|—|$14,363|

| CETERA ADVISORS LLC|INVESTMENT ADVISORY (PART|$13,400|—|$13,400|

| DELTA CAPITAL MANAGEMENT LLC|INVESTMENT ADVISORY (PART|$13,122|—|$13,122|

| INTEGRITY FINANCIAL CORPORATION|INVESTMENT ADVISORY (PART|$11,503|—|$11,503|

| SECURITIES AMERICA ADVISORS|INVESTMENT ADVISORY (PART|$10,254|—|$10,254|

| LIFESTEPS FINANCIAL INC|INVESTMENT ADVISORY (PART|$9,373|—|$9,373|

| CAMBRIDGE INVESTMENT RESEARCH|INVESTMENT ADVISORY (PART|$8,746|—|$8,746|

| HANTZ FINANCIAL SERVICES|INVESTMENT ADVISORY (PART|$8,499|—|$8,499|

| MARTINE FINANCIAL CO|INVESTMENT ADVISORY (PART|$7,900|—|$7,900|

| JW COLE ADVISORS, INC.|INVESTMENT ADVISORY (PART|$7,023|—|$7,023|

| IFP ADVISORS, INC.|INVESTMENT ADVISORY (PART|$6,653|—|$6,653|

| WEALTHSOURCE|INVESTMENT ADVISORY (PART|$5,983|—|$5,983|

| EQUITABLE ADVISORS, LLC|INVESTMENT ADVISORY (PART|$5,915|—|$5,915|

| FLORIDA FINANCIAL ADVISORS|INVESTMENT ADVISORY (PART|$5,576|—|$5,576|

| SAX WEALTH ADVISORS, LLC|INVESTMENT ADVISORY (PART|$5,186|—|$5,186|

| O.N. INVESTMENT MANAGEMENT COMPANY|INVESTMENT ADVISORY (PART|$5,081|—|$5,081|

| CBIZ CPAS P.C.|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [PAYCHEX, INC.](https://planprovider.pro/provider/paychex) — INVESTMENT ADVISORY (PART

- [MID-ATLANTIC TRUST COMPANY](https://planprovider.pro/provider/ktrade) — PLAN TRUSTEE

- [COMMONWEALTH FINANCIAL NETWORK](https://planprovider.pro/provider/commonwealth-financial-network) — INVESTMENT ADVISORY (PART

- [OSAIC WEALTH, INC.](https://planprovider.pro/provider/royal-alliance-associates-inc) — INVESTMENT ADVISORY (PART

- [KESTRA ADVISORY SERVICES, LLC](https://planprovider.pro/provider/christensen-group-financial-llc) — INVESTMENT ADVISORY (PART

- [RESOURCES INVESTMENT ADVISORS](https://planprovider.pro/provider/epic-retirement-plan-services) — INVESTMENT ADVISORY (PART

- [INTEGRITY FINANCIAL CORPORATION](https://planprovider.pro/provider/integrity-financial-corporation) — INVESTMENT ADVISORY (PART

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $14,455,272

- **Estimated Expense Ratio:** 0.817% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$13,947,086|$1,869,998|$12,077,088|—|—|

| 2023|$9,209,894|$1,090,247|$8,119,647|—|—|

| 2022|$2,721,510|$332,986|$2,388,524|—|—|

## Similar Plans

- [Burke Capital Vi, INC.](https://planprovider.pro/companies/the-burke-group-of-rochester-inc-plan) — 98,765 participants

- [Board Of Directors Of Pentegra Defined Contribution Plan](https://planprovider.pro/companies/board-of-directors-of-pentegra-defined-contribution-plan-401k-plan) — 35,585 participants

- [Board Of Trustees-New York State Nurses Association Pension Plan](https://planprovider.pro/companies/board-of-trustees-new-york-state-nurses-association-pension-plan-plan) — 22,140 participants

- [Teachers Insurance And Annuity Association Of America](https://planprovider.pro/companies/teachers-insurance-and-annuity-association-of-america-plan-001) — 11,597 participants

- [Teachers Insurance And Annuity Association Of America](https://planprovider.pro/companies/teachers-insurance-and-annuity-association-of-america-401k-plan) — 11,525 participants

- [Usi Insurance Services LLC](https://planprovider.pro/companies/usi-insurance-services-llc-401k-plan) — 10,494 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/paychex-retirement-llc-401k-plan)

© 2026 PlanProvider.Pro