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 6-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.3 years Filed as: WELLS FARGO CLEARING SERVICES, LLC Service code 99 · EIN 34-1542819 | Other Fees | $9,018 |
Filed as: BENEFIT PLANS PLUS LLC Service code 49 | Other Services | $2,262 |
Filed as: VOYA RETIREMENT ADVISORS, LLC Service code 26 · EIN 02-0488491 | Advisory (Participants) | $1,980 |
MORNINGSTAR3 years Filed as: MORINGSTAR Service code 27 | Advisory (Plan) | $748 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,607 | $55,415-28.5% | $155,509-74.5% | $74,495-46.8% |
| Participation rate | 56.9% | 61.9%-5.0pp | 78.2%-21.3pp | 67.2%-10.3pp |
| Annual return | 18.85% | 268.50%-249.6pp | 64.67%-45.8pp | 1364.94%-1346.1pp |
| Employer contribution / active EE | $1,460 | $2,267-35.6% | $4,672-68.8% | $2,623-44.3% |
| Participant deferral / active EE | $3,300 | $2,836+16.4% | $5,626-41.3% | $4,346-24.1% |
| Admin fee / account holder | $239 | $1,738-86.3% | $15,912-98.5% | $1,942-87.7% |