Filed December 18, 2023 (most recent of 4 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.4+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $113,886 |
WILLIS TOWERS WATSON US LLC2 years Filed as: WILLIS TOWERS WATSON Service code 38 · EIN 53-0181291 | Participant Communication | $12,004 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,174 | $40,113+52.5% | $84,015-27.2% | $77,787-21.4% |
| Participation rate | 73.0% | 62.8%+10.2pp | 69.0%+4.0pp | 73.2%-0.2pp |
| Annual return | 15.80% | 23.27%-7.5pp | 71.31%-55.5pp | 32.57%-16.8pp |
| Employer contribution / active EE | $1,618 | $847+91.0% | $1,983-18.4% | $2,504-35.4% |
| Participant deferral / active EE | $2,899 | $2,030+42.8% | $3,239-10.5% | $3,967-26.9% |
| Admin fee / account holder | $32 | $92-64.8% | $6,101-99.5% | $100-67.8% |