Filed July 18, 2024 (most recent of 5 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.3+ years Filed as: WELLS FARGO ADVISORS Service code 16 · EIN 34-1542819 | Consulting | $99,999 |
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $84,188 |
WILSHIRE ASSOCIATES INCORPORATED3+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $73,807 | $88,730-16.8% | $82,313-10.3% | $77,958-5.3% |
| Participation rate | 96.4% | 84.5%+11.8pp | 76.9%+19.5pp | 71.6%+24.7pp |
| Annual return | 15.50% | 20.88%-5.4pp | 25.88%-10.4pp | 20.87%-5.4pp |
| Employer contribution / active EE | $1,951 | $2,758-29.3% | $2,428-19.6% | $2,310-15.5% |
| Participant deferral / active EE | $3,326 | $4,634-28.2% | $3,706-10.2% | $3,537-5.9% |
| Admin fee / account holder | $70 | $74-5.1% | $5,608-98.7% | $97-27.9% |