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, N.A. Service code 15 · EIN 94-1347393 | Recordkeeping | $3,539 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $33,206 | $65,820-49.6% | $108,745-69.5% | $57,658-42.4% |
| Participation rate | 13.7% | 72.7%-59.0pp | 77.7%-63.9pp | 70.2%-56.5pp |
| Annual return | 7.44% | 21.32%-13.9pp | 46.22%-38.8pp | 5.13%+2.3pp |
| Employer contribution / active EE | $0 | $2,285-100.0% | $3,323-100.0% | $1,974-100.0% |
| Participant deferral / active EE | $302 | $3,578-91.6% | $5,121-94.1% | $3,061-90.1% |
| Admin fee / account holder | $99 | $91+8.6% | $6,144-98.4% | $95+4.7% |