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 | $115,913 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $11,578 | $29,988-61.4% | $81,478-85.8% | $80,976-85.7% |
| Participation rate | 14.5% | 32.0%-17.5pp | 68.0%-53.5pp | 68.3%-53.8pp |
| Annual return | 68.69% | 51.73%+17.0pp | 38.78%+29.9pp | 22.91%+45.8pp |
| Employer contribution / active EE | $5 | $470-98.9% | $2,568-99.8% | $2,402-99.8% |
| Participant deferral / active EE | $467 | $1,209-61.4% | $3,537-86.8% | $3,848-87.9% |
| Admin fee / account holder | $51 | $63-19.4% | $4,561-98.9% | $67-24.9% |