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.6+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $35,057 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $24,330 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
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 | $179,993 | $79,428+126.6% | $106,548+68.9% | $79,386+126.7% |
| Participation rate | 75.2% | 74.1%+1.0pp | 76.1%-1.0pp | 70.7%+4.4pp |
| Annual return | 21.24% | 18.27%+3.0pp | 26.80%-5.6pp | 116.85%-95.6pp |
| Employer contribution / active EE | $1,150 | $2,234-48.5% | $2,819-59.2% | $2,427-52.6% |
| Participant deferral / active EE | $7,013 | $3,823+83.5% | $4,398+59.5% | $4,046+73.4% |
| Admin fee / account holder | $341 | $523-34.8% | $7,407-95.4% | $626-45.6% |