Filed December 12, 2016
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 5-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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $216,942 |
Service code 27 · EIN 84-3586652 | Advisory (Plan) | $80,846 |
WELLS FARGO BANK, N.A.4 years Filed as: WELLS FARGO ADVISORS FIN NETWORK Service code 27 · EIN 48-1305000 | Advisory (Plan) | $18,203 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $40,444 | $110,299-63.3% | $102,423-60.5% | $199,593-79.7% |
| Participation rate | 73.2% | 86.3%-13.1pp | 76.5%-3.3pp | 72.0%+1.2pp |
| Annual return | 15.72% | 35.73%-20.0pp | 29.32%-13.6pp | 34.25%-18.5pp |
| Employer contribution / active EE | $1,435 | $3,603-60.2% | $3,023-52.5% | $3,034-52.7% |
| Participant deferral / active EE | $4,638 | $6,376-27.3% | $5,053-8.2% | $5,087-8.8% |
| Admin fee / account holder | $161 | $122+31.9% | $9,451-98.3% | $269-40.0% |