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.2 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 55 · EIN 23-2384840 | Other Commissions | $13,113 |
Service code 37 · EIN 04-2647786 | Loan Processing | $2,312 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $36,641 | $55,449-33.9% | $83,848-56.3% | $56,287-34.9% |
| Participation rate | 60.5% | 68.0%-7.5pp | 76.1%-15.7pp | 69.9%-9.4pp |
| Annual return | -1.63% | -1.38%-0.2pp | 850.88%-852.5pp | -9.96%+8.3pp |
| Employer contribution / active EE | $0 | $2,430-100.0% | $3,631-100.0% | $2,111-100.0% |
| Participant deferral / active EE | $3,070 | $2,935+4.6% | $4,082-24.8% | $3,350-8.3% |
| Admin fee / account holder | $16 | $656-97.6% | $5,478-99.7% | $521-96.9% |