Filed May 20, 2019
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 | $53,335 |
Employer 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 | $154,473 | $50,637+205.1% | $86,590+78.4% | $62,292+148.0% |
| Participation rate | 91.7% | 67.9%+23.9pp | 73.5%+18.2pp | 69.5%+22.2pp |
| Annual return | 17.69% | 20.80%-3.1pp | 964.84%-947.2pp | 28.90%-11.2pp |
| Employer contribution / active EE | $0 | $2,075-100.0% | $2,839-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $8,609 | $2,611+229.7% | $3,609+138.6% | $3,169+171.7% |
| Admin fee / account holder | $258 | $413-37.5% | $4,906-94.7% | $479-46.1% |