Filed May 7, 2018
Total covered: 62 employees
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.4 years Filed as: WELLS FARGO ADVISORS FIN NETWORK LL Service code 27 1NORTH JEFFERSON AVE · ST LOUIS, MO 63103 | Advisory (Plan) | $53,789 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $46,917 |
Filed as: MARSHALL VANDER LINDEN DBA MARSHALL Service code 10 1441 29TH ST STE 205 · WEST DES MOINES, IA 50266 | Accounting | $14,300 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $98,435 | $100,923-2.5% | $150,045-34.4% | $74,304+32.5% |
| Participation rate | 97.7% | 70.1%+27.6pp | 82.3%+15.3pp | 60.3%+37.3pp |
| Annual return | 16.96% | 51.77%-34.8pp | 62.55%-45.6pp | 29.43%-12.5pp |
| Employer contribution / active EE | $1,928 | $3,463-44.3% | $4,693-58.9% | $2,241-14.0% |
| Participant deferral / active EE | $8,231 | $6,709+22.7% | $7,997+2.9% | $3,767+118.5% |
| Admin fee / account holder | $469 | $2,767-83.0% | $13,435-96.5% | $2,969-84.2% |