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.1 year Filed as: WELLS FARGO BNK, N.A. Service code 15 · EIN 94-1347393 | Recordkeeping | $100,943 |
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 | $154,132 | $73,638+109.3% | $95,952+60.6% | $73,488+109.7% |
| Participation rate | 65.2% | 76.2%-10.9pp | 77.1%-11.8pp | 70.7%-5.4pp |
| Annual return | 15.10% | 16.78%-1.7pp | 91.61%-76.5pp | 28.51%-13.4pp |
| Employer contribution / active EE | $812 | $1,863-56.4% | $2,541-68.1% | $2,270-64.2% |
| Participant deferral / active EE | $8,829 | $3,617+144.1% | $4,167+111.9% | $3,740+136.1% |
| Admin fee / account holder | $443 | $482-8.2% | $6,795-93.5% | $513-13.7% |