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.3+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $42,267 |
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.)
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 | $74,795 | $57,065+31.1% | $75,670-1.2% | $70,131+6.6% |
| Participation rate | 62.1% | 68.1%-6.0pp | 72.3%-10.3pp | 69.5%-7.5pp |
| Annual return | 15.97% | 23.57%-7.6pp | 27.34%-11.4pp | 73.14%-57.2pp |
| Employer contribution / active EE | $934 | $1,817-48.6% | $2,352-60.3% | $2,342-60.1% |
| Participant deferral / active EE | $3,424 | $2,580+32.7% | $3,142+9.0% | $3,332+2.8% |
| Admin fee / account holder | $395 | $3,825-89.7% | $5,800-93.2% | $4,645-91.5% |