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.2 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 27 · EIN 23-2384840 | Advisory (Plan) | $81,164 |
Service code 37 · EIN 04-2647786 | Loan Processing | $51,129 |
STRATEGIC ADVISORS, INC.1 year Service code 27 · EIN 04-2654524 | Advisory (Plan) | $5,224 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $76,768 | $86,897-11.7% | $151,611-49.4% | $64,808+18.5% |
| Participation rate | 94.0% | 87.3%+6.8pp | 87.5%+6.5pp | 71.5%+22.6pp |
| Annual return | -15.72% | -3.57%-12.2pp | 3.33%-19.0pp | 32.82%-48.5pp |
| Employer contribution / active EE | $2,886 | $4,010-28.0% | $6,166-53.2% | $2,506+15.2% |
| Participant deferral / active EE | $6,946 | $6,690+3.8% | $8,363-16.9% | $4,310+61.1% |
| Admin fee / account holder | $219 | $153+42.9% | $11,616-98.1% | $188+16.4% |