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.2+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $42,513 |
Filed as: SMITH SCHAFER & ASSOC. LTD. Service code 10 · EIN 41-1489071 | Accounting | $6,157 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $67,145 | $46,072+45.7% | $70,014-4.1% | $55,167+21.7% |
| Participation rate | 29.8% | 67.5%-37.7pp | 71.8%-42.1pp | 69.0%-39.2pp |
| Annual return | 4.75% | 8.68%-3.9pp | 12.99%-8.2pp | 169.23%-164.5pp |
| Employer contribution / active EE | $411 | $1,500-72.6% | $2,338-82.4% | $1,963-79.1% |
| Participant deferral / active EE | $1,471 | $2,344-37.2% | $2,931-49.8% | $3,054-51.8% |
| Admin fee / account holder | $459 | $428+7.3% | $4,380-89.5% | $504-8.9% |