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.1 year Filed as: WELLS FARGO BANKD, N.A. Service code 15 · EIN 94-1347393 | Recordkeeping | $765,842 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $69,504 |
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 | $45,374 | $48,464-6.4% | $90,951-50.1% | $106,222-57.3% |
| Participation rate | 91.6% | 53.1%+38.5pp | 69.0%+22.5pp | 70.8%+20.8pp |
| Annual return | 13.66% | 16.72%-3.1pp | 134.60%-120.9pp | 21.69%-8.0pp |
| Employer contribution / active EE | $801 | $939-14.8% | $2,122-62.3% | $2,723-70.6% |
| Participant deferral / active EE | $3,968 | $1,510+162.9% | $3,373+17.6% | $4,600-13.7% |
| Admin fee / account holder | $52 | $58-10.7% | $5,959-99.1% | $78-34.0% |