Filed January 21, 2025
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.6+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $149,828 |
MORNINGSTAR6+ years Filed as: MORNINGSTAR ASSOCIATES, LLC Service code 27 · EIN 36-4317381 | Advisory (Plan) | $12,554 |
Assets per participant exceed $250,000 - top-decile high-value plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $261,758 | $85,135+207.5% | $98,907+164.6% | $73,409+256.6% |
| Participation rate | 94.7% | 81.1%+13.6pp | 76.0%+18.7pp | 72.2%+22.6pp |
| Annual return | 20.08% | 19.14%+0.9pp | 196.43%-176.3pp | 59.29%-39.2pp |
| Employer contribution / active EE | $3,668 | $2,721+34.8% | $2,689+36.4% | $2,234+64.2% |
| Participant deferral / active EE | $7,671 | $4,349+76.4% | $4,244+80.7% | $3,805+101.6% |
| Admin fee / account holder | $298 | $139+113.7% | $6,642-95.5% | $158+88.5% |