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.1+ years Service code 64 608 2ND AVENUE SOUTH · MINNEAPOLIS, MN 55402 | Recordkeeping Fees | $536 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $63,028 | $47,969+31.4% | $85,969-26.7% | $52,331+20.4% |
| Participation rate | 35.4% | 61.7%-26.3pp | 76.5%-41.1pp | 68.1%-32.7pp |
| Annual return | 22.50% | -0.13%+22.6pp | 9.32%+13.2pp | 4.54%+18.0pp |
| Employer contribution / active EE | $167 | $1,460-88.6% | $3,474-95.2% | $1,882-91.1% |
| Participant deferral / active EE | $2,097 | $2,110-0.6% | $3,829-45.2% | $3,022-30.6% |
| Admin fee / account holder | $6 | $530-98.9% | $6,053-99.9% | $592-99.0% |