Filed March 23, 2006
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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.2+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $47,617 |
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).
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 | $32,168 | $32,530-1.1% | $106,619-69.8% | $63,975-49.7% |
| Participation rate | 14.9% | 55.7%-40.8pp | 78.0%-63.1pp | 71.1%-56.2pp |
| Annual return | 7.17% | 8.92%-1.7pp | 9.42%-2.2pp | 48.65%-41.5pp |
| Employer contribution / active EE | $216 | $724-70.2% | $3,947-94.5% | $2,182-90.1% |
| Participant deferral / active EE | $359 | $1,383-74.1% | $3,930-90.9% | $3,356-89.3% |
| Admin fee / account holder | $134 | $61+119.1% | $6,418-97.9% | $70+90.0% |