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.6+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $158,408 |
AMERICAN FUNDS2 years Filed as: NEWPORT CAPITAL GROUP Service code 49 · EIN 86-1109193 | Other Services | $114,525 |
MORNINGSTAR1 year Filed as: MORNINGSTAR ASSOCIATES Service code 27 · EIN 36-4317381 | Advisory (Plan) | $9,733 |
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 | $65,428 | $100,801-35.1% | $149,696-56.3% | $73,409-10.9% |
| Participation rate | 91.1% | 77.7%+13.4pp | 82.5%+8.6pp | 72.2%+18.9pp |
| Annual return | 16.51% | 265.34%-248.8pp | 276.60%-260.1pp | 59.29%-42.8pp |
| Employer contribution / active EE | $3,399 | $3,312+2.6% | $4,644-26.8% | $2,234+52.2% |
| Participant deferral / active EE | $5,896 | $6,404-7.9% | $6,842-13.8% | $3,805+54.9% |
| Admin fee / account holder | $242 | $181+33.7% | $9,309-97.4% | $158+53.1% |