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.4 years Filed as: WELLS FARGO CLEARING SERVICES, LLC Service code 26 · EIN 34-1542819 ONE PENN PLAZA · NEW YORK, NY 10119 | Advisory (Participants) | $8,338 |
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 | $7,135 | $50,815-86.0% | $155,509-95.4% | $77,643-90.8% |
| Participation rate | 83.2% | 63.1%+20.1pp | 78.2%+5.1pp | 70.6%+12.7pp |
| Annual return | 12.18% | 34.80%-22.6pp | 64.67%-52.5pp | 31.24%-19.1pp |
| Employer contribution / active EE | $478 | $1,993-76.0% | $4,672-89.8% | $2,726-82.5% |
| Participant deferral / active EE | $993 | $2,822-64.8% | $5,626-82.3% | $4,647-78.6% |
| Admin fee / account holder | $78 | $437-82.1% | $15,912-99.5% | $430-81.9% |