Filed May 19, 2017 (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, BANK. N.A. Service code 15 · EIN 94-1347393 | Recordkeeping | $29,325 |
WELLS FARGO BANK, N.A.4+ years Filed as: WELLS FARGO ADVISORS Service code 16 · EIN 34-1678801 | Consulting | $19,169 |
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 | $54,838 | $43,504+26.1% | $68,793-20.3% | $56,287-2.6% |
| Participation rate | 62.7% | 67.8%-5.1pp | 72.2%-9.5pp | 69.9%-7.1pp |
| Annual return | -7.09% | -3.15%-3.9pp | -4.63%-2.5pp | -9.96%+2.9pp |
| Employer contribution / active EE | $1,553 | $1,525+1.8% | $2,625-40.8% | $2,111-26.4% |
| Participant deferral / active EE | $2,689 | $2,509+7.2% | $3,311-18.8% | $3,350-19.7% |
| Admin fee / account holder | $288 | $515-44.1% | $5,131-94.4% | $521-44.8% |