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 27 · EIN 23-2384840 | Advisory (Plan) | $21,631 |
Service code 37 · EIN 04-2647786 | Loan Processing | $18,023 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $100,607 | $64,286+56.5% | $90,951+10.6% | $73,409+37.0% |
| Participation rate | 39.1% | 63.6%-24.5pp | 69.0%-29.9pp | 72.2%-33.1pp |
| Annual return | 16.36% | 21.45%-5.1pp | 134.60%-118.2pp | 59.29%-42.9pp |
| Employer contribution / active EE | $794 | $895-11.2% | $2,122-62.6% | $2,234-64.5% |
| Participant deferral / active EE | $2,095 | $2,453-14.6% | $3,373-37.9% | $3,805-44.9% |
| Admin fee / account holder | $368 | $287+28.2% | $5,959-93.8% | $158+133.1% |