Filed September 30, 2021
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 CLEARING SERVICES, LLC Service code 26 · EIN 34-1542819 ONE PENN PLAZA · NEW YORK, NY 10119 | Advisory (Participants) | $12,637 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,502 | $56,485-79.6% | $185,823-93.8% | $86,799-86.7% |
| Participation rate | 78.3% | 65.5%+12.8pp | 81.7%-3.4pp | 72.3%+6.0pp |
| Annual return | 13.77% | 118.04%-104.3pp | 122.05%-108.3pp | 97.91%-84.1pp |
| Employer contribution / active EE | $492 | $1,843-73.3% | $5,167-90.5% | $2,405-79.6% |
| Participant deferral / active EE | $958 | $2,553-62.5% | $5,568-82.8% | $4,131-76.8% |
| Admin fee / account holder | $93 | $150-38.2% | $16,237-99.4% | $170-45.4% |