Filed November 17, 2021 (most recent of 2 filings on file)
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.5+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $155,179 |
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 | $61,695 | $96,403-36.0% | $93,606-34.1% | $77,787-20.7% |
| Participation rate | 79.0% | 87.6%-8.6pp | 75.8%+3.2pp | 73.2%+5.8pp |
| Annual return | 21.55% | 39.36%-17.8pp | 32.76%-11.2pp | 32.57%-11.0pp |
| Employer contribution / active EE | $569 | $3,616-84.3% | $2,718-79.1% | $2,504-77.3% |
| Participant deferral / active EE | $4,093 | $5,341-23.4% | $4,069+0.6% | $3,967+3.2% |
| Admin fee / account holder | $96 | $90+7.3% | $7,888-98.8% | $100-4.0% |