Filed May 9, 2019
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.1+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $190,877 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $56,083 | $71,957-22.1% | $67,652-17.1% | $59,188-5.2% |
| Participation rate | 68.7% | 82.7%-14.0pp | 75.7%-7.0pp | 69.4%-0.8pp |
| Annual return | 0.50% | 8.53%-8.0pp | 6625.04%-6624.5pp | 5.51%-5.0pp |
| Employer contribution / active EE | $1,589 | $2,432-34.7% | $2,266-29.9% | $2,098-24.3% |
| Participant deferral / active EE | $2,884 | $4,211-31.5% | $3,560-19.0% | $3,265-11.7% |
| Admin fee / account holder | $97 | $64+51.2% | $4,821-98.0% | $92+5.2% |