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.4 years Filed as: WELLS FARGO CLEARING SERVICES Service code 27 · EIN 34-1542819 | Advisory (Plan) | $61,842 |
Filed as: CBIZ BENEFITS & INSURANCE SERVICES Service code 14 · EIN 31-1582098 | Plan Administrator | $15,874 |
YOUNT, HYDE & BARBOUR, P.C.4 years Service code 10 · EIN 54-1149263 | Accounting | $8,250 |
MATRIX TRUST COMPANY6 years Service code 21 · EIN 75-3182674 | Bank Trustee | $3,754 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
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 | $58,282 | $54,229+7.5% | $70,092-16.8% | $68,494-14.9% |
| Participation rate | 24.3% | 64.5%-40.2pp | 70.5%-46.2pp | 67.9%-43.6pp |
| Annual return | -10.34% | -13.87%+3.5pp | 190.73%-201.1pp | -7.84%-2.5pp |
| Employer contribution / active EE | $0 | $2,018-100.0% | $2,559-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $0 | $2,956-100.0% | $3,849-100.0% | $4,027-100.0% |
| Admin fee / account holder | $1,294 | $4,694-72.4% | $6,267-79.3% | $5,403-76.0% |