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.3 years Filed as: WELLS FARGO CLEARING SERVICES, LLC Service code 26 · EIN 34-1542819 ONE PENN PLAZA · NEW YORK, NY 10119 | Advisory (Participants) | $11,136 |
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 | $7,102 | $47,126-84.9% | $149,673-95.3% | $74,419-90.5% |
| Participation rate | 79.0% | 63.4%+15.6pp | 78.8%+0.2pp | 70.7%+8.2pp |
| Annual return | 14.65% | 22.75%-8.1pp | 134.42%-119.8pp | 34.38%-19.7pp |
| Employer contribution / active EE | $506 | $1,905-73.4% | $4,818-89.5% | $2,637-80.8% |
| Participant deferral / active EE | $962 | $2,728-64.8% | $5,680-83.1% | $4,528-78.8% |
| Admin fee / account holder | $80 | $343-76.7% | $13,210-99.4% | $348-77.1% |