Filed April 28, 2025
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.6+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $162,739 |
MORNINGSTAR6+ years Filed as: MORNINGSTAR ASSOCIATES, LLC Service code 27 · EIN 36-4317381 | Advisory (Plan) | $12,898 |
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.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $32,288 | $82,783-61.0% | $133,956-75.9% | $90,288-64.2% |
| Participation rate | 95.8% | 81.3%+14.5pp | 79.8%+16.0pp | 73.4%+22.5pp |
| Annual return | 14.32% | 21.89%-7.6pp | 45.09%-30.8pp | 53.97%-39.6pp |
| Employer contribution / active EE | $4,669 | $2,388+95.5% | $3,919+19.2% | $2,524+85.0% |
| Participant deferral / active EE | $1,466 | $4,291-65.8% | $5,048-71.0% | $4,232-65.4% |
| Admin fee / account holder | $110 | $93+18.1% | $8,927-98.8% | $114-3.9% |