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 | $29,410 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant 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 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 | $19,755 | $47,456-58.4% | $172,739-88.6% | $77,787-74.6% |
| Participation rate | 16.3% | 66.3%-49.9pp | 82.6%-66.3pp | 73.2%-56.9pp |
| Annual return | 48.45% | 35.57%+12.9pp | 802.84%-754.4pp | 32.57%+15.9pp |
| Employer contribution / active EE | $162 | $1,574-89.7% | $5,143-96.8% | $2,504-93.5% |
| Participant deferral / active EE | $501 | $2,560-80.4% | $5,198-90.4% | $3,967-87.4% |
| Admin fee / account holder | $7 | $81-91.4% | $13,954-100.0% | $100-93.1% |