Filed May 22, 2025
Total covered: 12 employees
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 Service code 15 · EIN 94-1347393 | Recordkeeping | $91,331 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $20,901 | $407,990-94.9% | $121,196-82.8% | $75,289-72.2% |
| Participation rate | 62.2% | 59.5%+2.7pp | 71.7%-9.6pp | 72.4%-10.3pp |
| Annual return | -6.56% | 2.93%-9.5pp | 16.93%-23.5pp | -0.04%-6.5pp |
| Employer contribution / active EE | $716 | $1,846-61.2% | $4,022-82.2% | $2,405-70.2% |
| Participant deferral / active EE | $853 | $2,201-61.2% | $3,344-74.5% | $3,739-77.2% |
| Admin fee / account holder | $71 | $455-84.3% | $5,019-98.6% | $102-30.4% |