Filed January 11, 2024 (most recent of 2 filings on file)
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 27 · EIN 23-2384840 | Advisory (Plan) | $49,313 |
Service code 37 · EIN 04-2647786 | Loan Processing | $38,990 |
ASCENSUS LLC4 years Service code 15 · EIN 11-3665754 | Recordkeeping | $21,243 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $99,533 | $111,491-10.7% | $189,513-47.5% | $86,799+14.7% |
| Participation rate | 90.4% | 87.3%+3.1pp | 87.8%+2.6pp | 72.3%+18.2pp |
| Annual return | 18.92% | 83.50%-64.6pp | 555.15%-536.2pp | 97.91%-79.0pp |
| Employer contribution / active EE | $2,857 | $3,951-27.7% | $6,162-53.6% | $2,405+18.8% |
| Participant deferral / active EE | $6,795 | $6,437+5.6% | $8,221-17.4% | $4,131+64.5% |
| Admin fee / account holder | $193 | $189+2.4% | $12,045-98.4% | $170+13.9% |