Filed October 20, 2024 (most recent of 2 filings on file)
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 Filed as: WELLS FARGO ADVISORS, LLC Service code 27 · EIN 34-1542819 | Advisory (Plan) | $44,056 |
Filed as: JOHN HANCOCK Service code 27 · EIN 01-0233346 | Advisory (Plan) | $4,772 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $80,204 | $63,442+26.4% | $68,791+16.6% | $66,914+19.9% |
| Participation rate | 95.2% | 60.0%+35.2pp | 69.0%+26.2pp | 69.8%+25.4pp |
| Annual return | -15.14% | -8.29%-6.9pp | -6.38%-8.8pp | 1.58%-16.7pp |
| Employer contribution / active EE | $1,861 | $1,775+4.9% | $2,655-29.9% | $2,544-26.8% |
| Participant deferral / active EE | $4,258 | $2,945+44.6% | $3,941+8.0% | $4,237+0.5% |
| Admin fee / account holder | $238 | $577-58.7% | $4,932-95.2% | $593-59.9% |