Filed January 11, 2024
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.
See the 10-year trajectory. $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 |
|---|---|---|
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS, LLC Service code 27 2520 NORTHWINDS PKWY STE 200 · ALPHARETTA, GA 300092233 | Advisory (Plan) | $16,498 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $43,285 | $80,753-46.4% | $136,294-68.2% | $62,292-30.5% |
| Participation rate | 64.8% | 73.5%-8.7pp | 81.9%-17.1pp | 69.5%-4.7pp |
| Annual return | 17.76% | 35.83%-18.1pp | 5155.94%-5138.2pp | 28.90%-11.1pp |
| Employer contribution / active EE | $1,727 | $2,884-40.1% | $4,695-63.2% | $2,042-15.4% |
| Participant deferral / active EE | $5,819 | $5,164+12.7% | $6,247-6.9% | $3,169+83.6% |
| Admin fee / account holder | $93 | $525-82.4% | $9,243-99.0% | $479-80.7% |