Filed January 11, 2023
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 year Service code 15 · EIN 94-1347393 | Recordkeeping | $10,451 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $32,532 | $74,462-56.3% | $81,983-60.3% | $90,288-64.0% |
| Participation rate | 35.9% | 69.7%-33.8pp | 69.2%-33.4pp | 73.4%-37.5pp |
| Annual return | 17.89% | 17.56%+0.3pp | 41.31%-23.4pp | 53.97%-36.1pp |
| Employer contribution / active EE | $289 | $2,334-87.6% | $2,498-88.4% | $2,524-88.6% |
| Participant deferral / active EE | $1,081 | $3,602-70.0% | $3,722-70.9% | $4,232-74.5% |
| Admin fee / account holder | $18 | $98-81.9% | $5,664-99.7% | $114-84.4% |