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.2 years Filed as: WELLS FARGO CLEARING SERVICES, LLC Service code 26 · EIN 34-1542819 ONE PENN PLAZA · NEW YORK, NY 10119 | Advisory (Participants) | $11,116 |
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 | $7,388 | $46,292-84.0% | $143,757-94.9% | $64,808-88.6% |
| Participation rate | 81.8% | 64.2%+17.6pp | 80.3%+1.5pp | 71.5%+10.4pp |
| Annual return | -16.65% | -10.05%-6.6pp | -0.04%-16.6pp | 32.82%-49.5pp |
| Employer contribution / active EE | $512 | $1,910-73.2% | $4,951-89.7% | $2,506-79.6% |
| Participant deferral / active EE | $958 | $2,646-63.8% | $5,637-83.0% | $4,310-77.8% |
| Admin fee / account holder | $58 | $154-62.0% | $14,673-99.6% | $188-68.9% |