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 | $61,743 |
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.)
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 | $63,071 | $46,219+36.5% | $89,391-29.4% | $90,288-30.1% |
| Participation rate | 7.1% | 44.9%-37.8pp | 68.0%-60.9pp | 73.4%-66.2pp |
| Annual return | 19.95% | 25.71%-5.8pp | 245.62%-225.7pp | 53.97%-34.0pp |
| Employer contribution / active EE | $143 | $953-84.9% | $2,586-94.5% | $2,524-94.3% |
| Participant deferral / active EE | $309 | $2,136-85.5% | $3,890-92.0% | $4,232-92.7% |
| Admin fee / account holder | $404 | $147+174.8% | $4,881-91.7% | $114+253.8% |