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 year Filed as: WELLS FARGO ADVISORS LLC Service code 26 · EIN 34-1542819 | Advisory (Participants) | $9,078 |
Service code 15 · EIN 01-0233346 RETIREMENT PLAN SERVICES · BUFFALO, NY 142010600 | Recordkeeping | $1,022 |
Service code 37 · EIN 43-1954512 STE 1060 · ALBUQUERQUE, NM 87102 | Loan Processing | $0 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $15,013 | $56,443-73.4% | $83,848-82.1% | $55,725-73.1% |
| Participation rate | 39.1% | 72.0%-32.9pp | 76.1%-37.0pp | 70.9%-31.8pp |
| Annual return | 0.97% | 393.67%-392.7pp | 850.88%-849.9pp | 244.93%-244.0pp |
| Employer contribution / active EE | $493 | $2,682-81.6% | $3,631-86.4% | $2,078-76.3% |
| Participant deferral / active EE | $1,469 | $2,965-50.5% | $4,082-64.0% | $3,356-56.2% |
| Admin fee / account holder | $247 | $156+58.1% | $5,478-95.5% | $115+114.4% |