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.5+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $27,303 |
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).
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 | $59,220 | $43,466+36.2% | $90,951-34.9% | $90,288-34.4% |
| Participation rate | 87.7% | 62.5%+25.2pp | 69.0%+18.7pp | 73.4%+14.3pp |
| Annual return | 11.23% | 25.26%-14.0pp | 134.60%-123.4pp | 53.97%-42.7pp |
| Employer contribution / active EE | $1,527 | $840+81.8% | $2,122-28.0% | $2,524-39.5% |
| Participant deferral / active EE | $3,169 | $2,138+48.2% | $3,373-6.1% | $4,232-25.1% |
| Admin fee / account holder | $7 | $92-92.6% | $5,959-99.9% | $114-94.0% |