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.4+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $930,461 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $29,141 | $38,510-24.3% | $74,550-60.9% | $73,367-60.3% |
| Participation rate | 93.6% | 53.5%+40.1pp | 69.1%+24.4pp | 69.5%+24.1pp |
| Annual return | -6.23% | -0.94%-5.3pp | 32.53%-38.8pp | 173.45%-179.7pp |
| Employer contribution / active EE | $1,154 | $774+49.2% | $1,961-41.1% | $2,499-53.8% |
| Participant deferral / active EE | $3,462 | $1,421+143.7% | $3,108+11.4% | $4,033-14.1% |
| Admin fee / account holder | $52 | $52-0.1% | $5,060-99.0% | $68-24.1% |