Filed June 24, 2013
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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+ years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 55 · EIN 23-2384840 | Other Commissions | $8,445 |
Service code 37 · EIN 04-2647786 | Loan Processing | $4,725 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Form 5500 reported that benefits due were not provided when due.
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 | $44,751 | $39,819+12.4% | $67,834-34.0% | $57,658-22.4% |
| Participation rate | 37.6% | 61.2%-23.7pp | 68.8%-31.2pp | 70.2%-32.7pp |
| Annual return | 8.16% | 9.19%-1.0pp | 138.47%-130.3pp | 5.13%+3.0pp |
| Employer contribution / active EE | $303 | $1,277-76.2% | $2,403-87.4% | $1,974-84.6% |
| Participant deferral / active EE | $1,458 | $2,209-34.0% | $3,160-53.8% | $3,061-52.3% |
| Admin fee / account holder | $20 | $84-76.1% | $4,622-99.6% | $95-78.8% |