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.4 years Filed as: WELLS FARGO ADVISORS, LLC Service code 27 · EIN 34-1542819 | Advisory (Plan) | $41,954 |
Filed as: JOHN HANCOCK Service code 27 · EIN 01-0233346 | Advisory (Plan) | $5,814 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $60,101 | $49,693+20.9% | $70,515-14.8% | $74,419-19.2% |
| Participation rate | 91.8% | 64.7%+27.1pp | 68.3%+23.4pp | 70.7%+21.0pp |
| Annual return | 17.17% | 21.22%-4.0pp | 32.77%-15.6pp | 34.38%-17.2pp |
| Employer contribution / active EE | $1,505 | $1,773-15.2% | $2,973-49.4% | $2,637-43.0% |
| Participant deferral / active EE | $3,426 | $3,376+1.5% | $4,567-25.0% | $4,528-24.3% |
| Admin fee / account holder | $146 | $316-53.9% | $6,412-97.7% | $348-58.1% |