Filed April 5, 2018
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.3+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $801,222 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $40,468 | $39,909+1.4% | $78,778-48.6% | $80,976-50.0% |
| Participation rate | 70.0% | 55.7%+14.3pp | 69.2%+0.8pp | 68.3%+1.8pp |
| Annual return | 15.56% | 23.47%-7.9pp | 35.62%-20.1pp | 22.91%-7.4pp |
| Employer contribution / active EE | $697 | $778-10.4% | $1,986-64.9% | $2,402-71.0% |
| Participant deferral / active EE | $3,013 | $1,359+121.7% | $2,958+1.8% | $3,848-21.7% |
| Admin fee / account holder | $60 | $50+20.9% | $5,134-98.8% | $67-10.9% |