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.8+ years Filed as: WELLS FARGO ADVISORS LLC Service code 27 401 S TRYON ST 11TH FL D1050-111 · CHARLOTTE, NC 28081 | Advisory (Plan) | $26,066 |
Filed as: EMPOWER ADVISORY GROUP LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $20,843 |
WATKINS ROSS5 years Filed as: WATKINS, ROSS & CO. Service code 13 | Contract Administrator | $10,000 |
WATKINS ROSS4 years Filed as: WATKINS ROSS & COMPANY Service code 13 200 OTTAWA AVE NW, STE 600 · GRAND RAPIDS, MI 49503 | Contract Administrator | $6,058 |
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 | $37,330 | $46,292-19.4% | $143,757-74.0% | $64,808-42.4% |
| Participation rate | 33.4% | 64.2%-30.8pp | 80.3%-46.9pp | 71.5%-38.1pp |
| Annual return | -16.60% | -10.05%-6.5pp | -0.04%-16.6pp | 32.82%-49.4pp |
| Employer contribution / active EE | $582 | $1,910-69.5% | $4,951-88.3% | $2,506-76.8% |
| Participant deferral / active EE | $1,185 | $2,646-55.2% | $5,637-79.0% | $4,310-72.5% |
| Admin fee / account holder | $72 | $154-53.4% | $14,673-99.5% | $188-61.9% |