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 BANK N.A. Service code 15 · EIN 94-1347393 | Recordkeeping | $8,339 |
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.
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 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 | $22,445 | $56,095-60.0% | $178,490-87.4% | $90,288-75.1% |
| Participation rate | 17.0% | 65.6%-48.5pp | 81.9%-64.9pp | 73.4%-56.3pp |
| Annual return | 12.45% | 28.81%-16.4pp | 151.07%-138.6pp | 53.97%-41.5pp |
| Employer contribution / active EE | $227 | $1,572-85.6% | $5,011-95.5% | $2,524-91.0% |
| Participant deferral / active EE | $663 | $2,669-75.2% | $5,202-87.3% | $4,232-84.3% |
| Admin fee / account holder | $10 | $101-90.3% | $13,984-99.9% | $114-91.4% |