Filed October 21, 2015 (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.5 years Filed as: WELLS FARGO ADVISORS Service code 27 · EIN 36-4019175 | Advisory (Plan) | $37,444 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $30,854 |
WELLS FARGO BANK, N.A.2 years Filed as: WELLS FARGO BANK, N.A Service code 15 · EIN 94-1347393 | Recordkeeping | $5,706 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $136,484 | $84,936+60.7% | $111,297+22.6% | $79,386+71.9% |
| Participation rate | 93.6% | 75.9%+17.7pp | 77.3%+16.3pp | 70.7%+22.9pp |
| Annual return | 22.95% | 17.45%+5.5pp | 54.65%-31.7pp | 116.85%-93.9pp |
| Employer contribution / active EE | $1,431 | $1,979-27.7% | $2,731-47.6% | $2,427-41.1% |
| Participant deferral / active EE | $5,407 | $3,888+39.1% | $4,487+20.5% | $4,046+33.7% |
| Admin fee / account holder | $425 | $537-20.8% | $7,964-94.7% | $626-32.1% |