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.5+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $48,336 |
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.)
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 | $77,651 | $58,927+31.8% | $76,817+1.1% | $72,985+6.4% |
| Participation rate | 67.3% | 67.3%-0.1pp | 72.1%-4.8pp | 69.5%-2.2pp |
| Annual return | 21.39% | 2305.64%-2284.3pp | 1166.11%-1144.7pp | 81.00%-59.6pp |
| Employer contribution / active EE | $1,356 | $1,787-24.1% | $2,302-41.1% | $2,440-44.4% |
| Participant deferral / active EE | $5,506 | $2,690+104.6% | $3,336+65.1% | $3,607+52.6% |
| Admin fee / account holder | $452 | $4,013-88.7% | $6,420-93.0% | $5,124-91.2% |