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 year Filed as: WELLS FARGO ADVISORS LLC Service code 27 401 S TRYON ST 11TH FLOOR D1050-111 · CHARLOTTE, NC 28081 | Advisory (Plan) | $27,163 |
Filed as: NATIONAL PROFESSIONAL PLANNING GRP Service code 13 494 SYCAMORE AVENUE SUITE 100 · SHREWSBURY, NJ 07702 | Contract Administrator | $4,060 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $867 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $93,195 | $73,360+27.0% | $177,989-47.6% | $74,495+25.1% |
| Participation rate | 36.7% | 66.6%-29.9pp | 77.1%-40.3pp | 67.2%-30.5pp |
| Annual return | 12.18% | 17.49%-5.3pp | 294.48%-282.3pp | 1364.94%-1352.8pp |
| Employer contribution / active EE | $1,635 | $2,216-26.2% | $3,949-58.6% | $2,623-37.7% |
| Participant deferral / active EE | $3,661 | $4,513-18.9% | $6,276-41.7% | $4,346-15.8% |
| Admin fee / account holder | $3,711 | $1,808+105.3% | $10,363-64.2% | $1,942+91.1% |