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 5-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+ years Filed as: WELLS FARGO BANK, N.A Service code 15 · EIN 94-1347393 | Recordkeeping | $58,350 |
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $20,782 |
WILSHIRE ASSOCIATES INCORPORATED1+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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 | $28,172 | $43,466-35.2% | $90,951-69.0% | $90,288-68.8% |
| Participation rate | 19.7% | 62.5%-42.7pp | 69.0%-49.3pp | 73.4%-53.6pp |
| Annual return | 19.75% | 25.26%-5.5pp | 134.60%-114.8pp | 53.97%-34.2pp |
| Employer contribution / active EE | $490 | $840-41.7% | $2,122-76.9% | $2,524-80.6% |
| Participant deferral / active EE | $611 | $2,138-71.4% | $3,373-81.9% | $4,232-85.6% |
| Admin fee / account holder | $118 | $92+28.4% | $5,959-98.0% | $114+3.4% |