Filed May 5, 2021
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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 |
|---|---|---|
Filed as: GREAT WEST LIFE & ANNUITY INSURANCE Service code 64 | Recordkeeping Fees | $16,168 |
Filed as: GREAT-WEST LIFE & ANNUITY INS Service code 64 | Recordkeeping Fees | $16,168 |
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISERS Service code 55 | Other Commissions | $13,717 |
WELLS FARGO BANK, N.A.3+ years Filed as: WELLS FARGO ADVISORS Service code 55 | Other Commissions | $13,717 |
Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 | Investment Management | $1,050 |
Filed as: FLEX PENSIONS OF CALIFORNIA, INC. Service code 13 | Contract Administrator | $350 |
MORAN KNOBEL1 year Service code 13 | Contract Administrator | $0 |
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS LLC Service code 55 | Other Commissions | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $13,512 | $31,424-57.0% | $81,478-83.4% | $69,631-80.6% |
| Participation rate | 65.7% | 50.8%+14.9pp | 68.0%-2.2pp | 70.7%-4.9pp |
| Annual return | 14.24% | 22.44%-8.2pp | 38.78%-24.5pp | 27571.02%-27556.8pp |
| Employer contribution / active EE | $117 | $1,029-88.6% | $2,568-95.4% | $2,032-94.2% |
| Participant deferral / active EE | $1,552 | $1,838-15.6% | $3,537-56.1% | $3,224-51.9% |
| Admin fee / account holder | $72 | $103-29.8% | $4,561-98.4% | $110-34.8% |