Filed January 6, 2021
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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $24,653 |
WELLS FARGO BANK, N.A.7+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $17,465 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $158,175 | $133,040+18.9% | $119,258+32.6% | $79,386+99.2% |
| Participation rate | 95.0% | 80.9%+14.1pp | 82.7%+12.3pp | 70.7%+24.3pp |
| Annual return | 9.63% | 20.05%-10.4pp | 30.69%-21.1pp | 116.85%-107.2pp |
| Employer contribution / active EE | $3,938 | $4,390-10.3% | $4,384-10.2% | $2,427+62.2% |
| Participant deferral / active EE | $5,899 | $6,448-8.5% | $6,111-3.5% | $4,046+45.8% |
| Admin fee / account holder | $294 | $686-57.1% | $7,226-95.9% | $626-53.0% |