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.4 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 27 · EIN 23-2384840 | Advisory (Plan) | $96,078 |
Service code 37 · EIN 04-2647786 | Loan Processing | $62,377 |
STRATEGIC ADVISORS, INC.3 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $15,742 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $104,015 | $129,021-19.4% | $184,203-43.5% | $77,643+34.0% |
| Participation rate | 92.0% | 87.3%+4.7pp | 86.8%+5.2pp | 70.6%+21.4pp |
| Annual return | 19.08% | 33.27%-14.2pp | 28.81%-9.7pp | 31.24%-12.2pp |
| Employer contribution / active EE | $3,215 | $4,413-27.1% | $6,427-50.0% | $2,726+18.0% |
| Participant deferral / active EE | $7,606 | $7,297+4.2% | $9,131-16.7% | $4,647+63.7% |
| Admin fee / account holder | $245 | $254-3.4% | $13,901-98.2% | $430-43.0% |