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 Service code 15 · EIN 94-1347393 | Recordkeeping | $11,830 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $16,169 | $80,005-79.8% | $140,016-88.5% | $55,725-71.0% |
| Participation rate | 26.9% | 87.0%-60.1pp | 87.5%-60.6pp | 70.9%-44.0pp |
| Annual return | -3.26% | 0.46%-3.7pp | 651.12%-654.4pp | 244.93%-248.2pp |
| Employer contribution / active EE | $0 | $3,403-100.0% | $5,606-100.0% | $2,078-100.0% |
| Participant deferral / active EE | $508 | $5,264-90.3% | $6,927-92.7% | $3,356-84.8% |
| Admin fee / account holder | $66 | $116-43.2% | $10,705-99.4% | $115-43.0% |