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.6 years Filed as: WELLS FARGO ADVISORS Service code 27 · EIN 36-4019175 | Advisory (Plan) | $39,612 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $33,023 |
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 | $116,326 | $65,435+77.8% | $86,677+34.2% | $66,914+73.8% |
| Participation rate | 99.1% | 75.5%+23.7pp | 76.6%+22.5pp | 69.8%+29.3pp |
| Annual return | -16.24% | -10.89%-5.4pp | 35.91%-52.2pp | 1.58%-17.8pp |
| Employer contribution / active EE | $1,882 | $2,153-12.6% | $2,836-33.7% | $2,544-26.0% |
| Participant deferral / active EE | $6,695 | $4,100+63.3% | $4,656+43.8% | $4,237+58.0% |
| Admin fee / account holder | $432 | $642-32.6% | $7,493-94.2% | $593-27.1% |