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.5+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $13,582 |
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 | $18,088 | $88,515-79.6% | $162,163-88.8% | $67,579-73.2% |
| Participation rate | 31.9% | 86.8%-54.9pp | 87.6%-55.6pp | 71.3%-39.3pp |
| Annual return | 21.26% | 27.04%-5.8pp | 115.59%-94.3pp | 378.56%-357.3pp |
| Employer contribution / active EE | $0 | $3,563-100.0% | $5,614-100.0% | $2,148-100.0% |
| Participant deferral / active EE | $587 | $5,724-89.7% | $7,298-92.0% | $3,539-83.4% |
| Admin fee / account holder | $65 | $124-47.7% | $10,843-99.4% | $142-54.5% |