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.4+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $390,012 |
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 | $57,890 | $96,261-39.9% | $76,768-24.6% | $68,904-16.0% |
| Participation rate | 67.2% | 87.0%-19.8pp | 77.0%-9.8pp | 74.1%-7.0pp |
| Annual return | -5.73% | -0.85%-4.9pp | 2.43%-8.2pp | 1.07%-6.8pp |
| Employer contribution / active EE | $1,577 | $3,303-52.3% | $2,485-36.5% | $2,540-37.9% |
| Participant deferral / active EE | $3,072 | $5,537-44.5% | $3,852-20.2% | $4,015-23.5% |
| Admin fee / account holder | $96 | $73+32.1% | $6,675-98.6% | $71+35.0% |