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 | $99,093 |
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 | $129,195 | $65,376+97.6% | $87,100+48.3% | $65,185+98.2% |
| Participation rate | 59.5% | 75.3%-15.9pp | 76.9%-17.4pp | 70.2%-10.7pp |
| Annual return | 21.99% | 31.27%-9.3pp | 28.19%-6.2pp | 29.38%-7.4pp |
| Employer contribution / active EE | $671 | $1,822-63.2% | $2,521-73.4% | $2,177-69.2% |
| Participant deferral / active EE | $7,562 | $3,388+123.2% | $4,049+86.8% | $3,514+115.2% |
| Admin fee / account holder | $416 | $520-19.9% | $7,497-94.4% | $847-50.8% |