Filed May 23, 2022
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.5+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $138,128 |
AMERICAN FUNDS1 year Filed as: NEWPORT CAPITAL GROUP Service code 50 12 BROAD ST, 5TH FLOOR · RED BANK, NJ 07701 | Direct Payment | $67,500 |
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 | $46,278 | $88,122-47.5% | $141,162-67.2% | $67,579-31.5% |
| Participation rate | 89.7% | 76.5%+13.3pp | 82.5%+7.3pp | 71.3%+18.4pp |
| Annual return | 22.36% | 75.40%-53.0pp | 71.39%-49.0pp | 378.56%-356.2pp |
| Employer contribution / active EE | $2,859 | $3,224-11.3% | $4,735-39.6% | $2,148+33.1% |
| Participant deferral / active EE | $4,792 | $5,958-19.6% | $6,709-28.6% | $3,539+35.4% |
| Admin fee / account holder | $191 | $131+45.9% | $10,261-98.1% | $142+34.2% |