Filed August 16, 2021 (most recent of 3 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.7+ years Filed as: WELLS FARGO ADVISORS LLC Service code 27 401 S TRYON ST 11TH FL D1050-111 · CHARLOTTE, NC 28081 | Advisory (Plan) | $26,428 |
Filed as: ADVISED ASSETS GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $20,129 |
MCMAHAN THOMSON & ASSOCIATES PC5 years Service code 10 1717 RIDGEWOOD DR STE 101 · MIDLAND, MI 48642 | Accounting | $15,000 |
WATKINS ROSS3 years Filed as: WATKINS ROSS & COMPANY Service code 13 200 OTTAWA AVE NW, STE 600 · GRAND RAPIDS, MI 49503 | Contract Administrator | $13,931 |
WATKINS ROSS4 years Filed as: WATKINS, ROSS & CO. Service code 13 | Contract Administrator | $10,000 |
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 | $45,449 | $56,485-19.5% | $185,823-75.5% | $86,799-47.6% |
| Participation rate | 32.2% | 65.5%-33.2pp | 81.7%-49.5pp | 72.3%-40.0pp |
| Annual return | 14.29% | 118.04%-103.7pp | 122.05%-107.8pp | 97.91%-83.6pp |
| Employer contribution / active EE | $554 | $1,843-69.9% | $5,167-89.3% | $2,405-77.0% |
| Participant deferral / active EE | $1,123 | $2,553-56.0% | $5,568-79.8% | $4,131-72.8% |
| Admin fee / account holder | $82 | $150-44.9% | $16,237-99.5% | $170-51.4% |