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.7 years Filed as: WELLS FARGO ADVISORS Service code 27 · EIN 36-4019175 | Advisory (Plan) | $36,476 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $33,942 |
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 | $137,284 | $76,050+80.5% | $96,544+42.2% | $71,457+92.1% |
| Participation rate | 99.1% | 74.4%+24.7pp | 76.0%+23.1pp | 67.9%+31.2pp |
| Annual return | 14.69% | 22.81%-8.1pp | 25.84%-11.2pp | 28.85%-14.2pp |
| Employer contribution / active EE | $1,961 | $2,244-12.6% | $2,965-33.8% | $2,588-24.2% |
| Participant deferral / active EE | $7,373 | $4,215+74.9% | $4,851+52.0% | $4,289+71.9% |
| Admin fee / account holder | $419 | $2,707-84.5% | $8,252-94.9% | $1,587-73.6% |