Filed June 16, 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.1 year Filed as: WELLS FARGO CLEARING SERVICES Service code 27 · EIN 23-2384840 | Advisory (Plan) | $110,043 |
STRATEGIC ADVISORS, INC.10+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $47,761 |
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786 | Loan Processing | -$244 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $49,364 | $2,679,533-98.2% | $164,866-70.1% | $199,768-75.3% |
| Participation rate | 89.0% | 78.3%+10.7pp | 78.6%+10.4pp | 72.0%+17.0pp |
| Annual return | 17.08% | 17.93%-0.9pp | 69.97%-52.9pp | 34.26%-17.2pp |
| Employer contribution / active EE | $2,297 | $2,970-22.7% | $4,343-47.1% | $3,037-24.4% |
| Participant deferral / active EE | $5,043 | $5,010+0.7% | $6,033-16.4% | $5,090-0.9% |
| Admin fee / account holder | $62 | $1,982-96.9% | $12,689-99.5% | $269-77.0% |