Paychex, Inc. (NASDAQ:PAYX) is a provider of payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses.
Founded in 1971 with headquarters in Rochester, New York, the company has more than 100 offices serving approximately 564,000 payroll clients nationwide as of May 31, 2011.
Paychex is currently recognized by the AICPA as a preferred vendor for 401(k) plans, in addition to ranking as the largest 401(k) recordkeeper by number of plans, according to Plansponsor’s annual recordkeeping survey.
Contributions
Paychex’s comprehensive suite of human resource and payroll services helps small-to-medium sized businesses do what they do best – run their business. From calculating payroll and filing tax payments to administering retirement plans and workers’ compensation, Paychex gives its clients relief from administrative hassles so they can focus on their bottom line.
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