Filed August 29, 2023
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 Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 99 · EIN 34-1542819 1525 WEST W.T. HARRIS BLVD · CHARLOTTE, NC 28262 | Other Fees | $30,917 |
ARPS LLC1 year Filed as: ARPS, LLC Service code 49 | Other Services | $7,617 |
ARPS LLC2 years Service code 49 · EIN 52-2025778 11350 MCCORMICK ROAD · HUNT VALLEY, MD 21031 | Other Services | $0 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,480 | $56,423-51.3% | $77,163-64.4% | $71,457-61.5% |
| Participation rate | 99.4% | 64.3%+35.1pp | 69.6%+29.9pp | 67.9%+31.5pp |
| Annual return | 15.17% | 19.05%-3.9pp | 37.87%-22.7pp | 28.85%-13.7pp |
| Employer contribution / active EE | $2,290 | $1,866+22.7% | $2,535-9.7% | $2,588-11.5% |
| Participant deferral / active EE | $6,847 | $3,142+117.9% | $3,833+78.6% | $4,289+59.7% |
| Admin fee / account holder | $241 | $1,429-83.1% | $5,472-95.6% | $1,587-84.8% |