Filed December 5, 2024 (most recent of 2 filings on file)
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.3+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $119,546 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $38,938 | $38,989-0.1% | $117,039-66.7% | $77,958-50.1% |
| Participation rate | 18.3% | 57.0%-38.6pp | 77.2%-58.9pp | 71.6%-53.3pp |
| Annual return | 16.79% | 20.61%-3.8pp | 18.95%-2.2pp | 20.87%-4.1pp |
| Employer contribution / active EE | $326 | $1,026-68.2% | $3,785-91.4% | $2,310-85.9% |
| Participant deferral / active EE | $541 | $1,621-66.6% | $3,929-86.2% | $3,537-84.7% |
| Admin fee / account holder | $196 | $76+159.8% | $5,974-96.7% | $97+101.4% |