Filed July 24, 2023 (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.2+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $22,810 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $70,016 | $63,905+9.6% | $74,183-5.6% | $57,658+21.4% |
| Participation rate | 66.3% | 79.8%-13.5pp | 76.6%-10.3pp | 70.2%-4.0pp |
| Annual return | 11.03% | 60.60%-49.6pp | 17.74%-6.7pp | 5.13%+5.9pp |
| Employer contribution / active EE | $1,326 | $1,840-27.9% | $2,370-44.0% | $1,974-32.8% |
| Participant deferral / active EE | $2,821 | $3,448-18.2% | $3,550-20.5% | $3,061-7.8% |
| Admin fee / account holder | $126 | $91+38.3% | $5,586-97.7% | $95+33.3% |