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 Filed as: WELLS FARGO BANK N.A. Service code 15 · EIN 94-1347393 | Recordkeeping | $18,997 |
WELLS FARGO BANK, N.A.2+ years Filed as: WELLS FARGO ADVISORS WBS Service code 27 · EIN 56-0898180 | Advisory (Plan) | $13,656 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $56,170 | $63,924-12.1% | $108,579-48.3% | $55,167+1.8% |
| Participation rate | 69.9% | 74.3%-4.4pp | 79.6%-9.7pp | 69.0%+0.9pp |
| Annual return | 4.28% | 15.31%-11.0pp | -51.70%+56.0pp | 169.23%-164.9pp |
| Employer contribution / active EE | $83 | $1,879-95.6% | $3,758-97.8% | $1,963-95.8% |
| Participant deferral / active EE | $2,317 | $3,067-24.5% | $4,311-46.3% | $3,054-24.1% |
| Admin fee / account holder | $380 | $618-38.5% | $7,645-95.0% | $504-24.6% |