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+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $42,922 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $147,859 | $70,002+111.2% | $115,037+28.5% | $52,331+182.5% |
| Participation rate | 71.5% | 72.1%-0.6pp | 81.4%-9.9pp | 68.1%+3.4pp |
| Annual return | -0.55% | 4.04%-4.6pp | 26.14%-26.7pp | 4.54%-5.1pp |
| Employer contribution / active EE | $37 | $2,715-98.6% | $4,608-99.2% | $1,882-98.0% |
| Participant deferral / active EE | $8,217 | $4,920+67.0% | $6,026+36.3% | $3,022+171.9% |
| Admin fee / account holder | $705 | $566+24.6% | $8,175-91.4% | $592+19.2% |