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 |
|---|---|---|
Filed as: WEALTH ENHANCEMENT ADVISORY SERVICE Service code 26 · EIN 41-2016508 505 N HWY 169, SUITE 900 · PLYMOUTH, MN 55441 | Advisory (Participants) | $34,373 |
PAYCHEX, INC.2 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $20,496 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Adverse opinion. The financial statements do not fairly present the plan's financial position.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $66,071 | $100,923-34.5% | $150,045-56.0% | $74,304-11.1% |
| Participation rate | 98.4% | 70.1%+28.3pp | 82.3%+16.1pp | 60.3%+38.1pp |
| Annual return | 22.20% | 51.77%-29.6pp | 62.55%-40.3pp | 29.43%-7.2pp |
| Employer contribution / active EE | $3,575 | $3,463+3.2% | $4,693-23.8% | $2,241+59.5% |
| Participant deferral / active EE | $9,204 | $6,709+37.2% | $7,997+15.1% | $3,767+144.3% |
| Admin fee / account holder | $360 | $2,767-87.0% | $13,435-97.3% | $2,969-87.9% |