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 Service code 15 · EIN 94-1347393 | Recordkeeping | $50,303 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $49,749 | $33,232+49.7% | $71,796-30.7% | $63,975-22.2% |
| Participation rate | 33.7% | 60.1%-26.4pp | 69.1%-35.4pp | 71.1%-37.4pp |
| Annual return | 6.44% | 11.99%-5.5pp | 78.04%-71.6pp | 48.65%-42.2pp |
| Employer contribution / active EE | $946 | $723+30.8% | $1,924-50.9% | $2,182-56.7% |
| Participant deferral / active EE | $1,802 | $1,604+12.4% | $2,794-35.5% | $3,356-46.3% |
| Admin fee / account holder | $80 | $63+25.8% | $4,815-98.3% | $70+13.4% |