Paychex, Inc. is a leading provider of integrated human capital management solutions for human resources, payroll, benefits, and insurance services. By combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. Paychex served more than 680,000 payroll clients as of May 31, 2020, across more than 100 locations in the U.S. and Europe, and pays one out of every 12 American private-sector employees.
Paychex is the nation’s number one 401(k) recordkeeper for number of plans with more than 90,000, according to PLANSPONSOR magazine, and they know how to administer them for businesses and their employees.
Plus, the Paychex Pooled Employer Plan (PEP) makes it easy for businesses of any size to offer a 401(k) by simplifying administration and enrollment while reducing liability and increasing the potential for savings.