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.
| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $372,642 |
WELLS FARGO BANK, N.A.2+ years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 27 · EIN 23-2384840 | Advisory (Plan) | $40,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $46,716 | $128,056-63.5% | $146,958-68.2% | $106,382-56.1% |
| Participation rate | 34.2% | 67.2%-33.0pp | 82.2%-48.0pp | 69.9%-35.7pp |
| Annual return | 16.86% | 17.89%-1.0pp | 418.34%-401.5pp | 17.37%-0.5pp |
| Employer contribution / active EE | $611 | $3,384-81.9% | $4,933-87.6% | $3,364-81.8% |
| Participant deferral / active EE | $2,380 | $7,674-69.0% | $8,070-70.5% | $5,569-57.3% |
| Admin fee / account holder | $67 | $89-24.5% | $12,998-99.5% | $79-15.6% |