Filed June 28, 2018 (most recent of 3 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.1 year Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 27 · EIN 23-2384840 | Advisory (Plan) | $24,179 |
Service code 37 · EIN 04-2647786 | Loan Processing | $4,745 |
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 | $56,523 | $64,909-12.9% | $82,313-31.3% | $62,292-9.3% |
| Participation rate | 61.9% | 74.9%-12.9pp | 76.9%-14.9pp | 69.5%-7.6pp |
| Annual return | 15.25% | 21.18%-5.9pp | 25.88%-10.6pp | 28.90%-13.6pp |
| Employer contribution / active EE | $1,151 | $1,676-31.3% | $2,428-52.6% | $2,042-43.6% |
| Participant deferral / active EE | $2,442 | $3,103-21.3% | $3,706-34.1% | $3,169-22.9% |
| Admin fee / account holder | $161 | $440-63.3% | $5,608-97.1% | $479-66.3% |