About Paychex
<p>Payroll, HR, and retirement plan administration are handled by Paychex, which provides recordkeeping services for employer-sponsored plans. The company works with businesses that want day-to-day support for plan operations alongside other workforce services.</p> <p>Founded in 1971, Paychex is headquartered in Rochester in the Finger Lakes region of upstate New York and supports employers across the U.S. Its retirement plan business includes recordkeeping and ongoing administration for workplace plans.</p> <p>As of 2025, Paychex reports 124,000 clients and $55.7B in assets under management. A key differentiator is its ability to pair retirement plan recordkeeping with payroll and HR systems under one provider.</p> <ul> <li>Provider type: administrator</li> <li>Retirement plan service: recordkeeping</li> <li>Founded: 1971</li> <li>Employees: 15,000</li> <li>Category: <a href="/retirement-plans">retirement plan providers</a></li> </ul>
Website: https://paychex.com
Founded: 1971
Employees: 15000
Office Locations
- Rochester, NY (Headquarters)
Services Offered
- Recordkeeping
Client Statistics (2025)
- Total Clients: 124,000
- Total AUM: $55.7B
- Total Participants: 1,608,060