Filed June 4, 2020 (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 6-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.6+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $48,861 |
ASCENSUS LLC4 years Filed as: FRANCIS INVESTMENT COUNSEL Service code 27 · EIN 20-1042201 | Advisory (Plan) | $32,592 |
WIPFLI LLP6+ years Filed as: WIPFLI Service code 10 · EIN 90-0758449 | Accounting | $10,400 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $58,592 | $70,908-17.4% | $98,907-40.8% | $73,488-20.3% |
| Participation rate | 95.8% | 73.8%+22.0pp | 76.0%+19.8pp | 70.7%+25.1pp |
| Annual return | 16.71% | 34.17%-17.5pp | 196.43%-179.7pp | 28.51%-11.8pp |
| Employer contribution / active EE | $237 | $2,036-88.4% | $2,689-91.2% | $2,270-89.6% |
| Participant deferral / active EE | $3,297 | $3,500-5.8% | $4,244-22.3% | $3,740-11.8% |
| Admin fee / account holder | $388 | $535-27.5% | $6,642-94.2% | $513-24.5% |