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.4 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 55 · EIN 23-2384840 | Other Commissions | $16,529 |
Service code 37 · EIN 04-2647786 | Loan Processing | $932 |
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 | $51,107 | $69,362-26.3% | $101,248-49.5% | $73,488-30.5% |
| Participation rate | 64.0% | 68.4%-4.4pp | 75.8%-11.8pp | 70.7%-6.7pp |
| Annual return | 32.17% | 18.46%+13.7pp | 46.47%-14.3pp | 28.51%+3.7pp |
| Employer contribution / active EE | $0 | $2,628-100.0% | $3,660-100.0% | $2,270-100.0% |
| Participant deferral / active EE | $3,910 | $3,300+18.5% | $4,370-10.5% | $3,740+4.6% |
| Admin fee / account holder | $5 | $704-99.3% | $5,945-99.9% | $513-99.0% |