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.7+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $104,069 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $59,498 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $272,678 | $93,131+192.8% | $106,548+155.9% | $86,799+214.1% |
| Participation rate | 93.5% | 81.4%+12.1pp | 76.1%+17.4pp | 72.3%+21.2pp |
| Annual return | 11.78% | 19.45%-7.7pp | 26.80%-15.0pp | 97.91%-86.1pp |
| Employer contribution / active EE | $3,582 | $2,895+23.7% | $2,819+27.1% | $2,405+48.9% |
| Participant deferral / active EE | $7,737 | $4,708+64.3% | $4,398+75.9% | $4,131+87.3% |
| Admin fee / account holder | $294 | $145+102.7% | $7,407-96.0% | $170+73.4% |