Filed December 31, 1996
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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.1+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $75,446 |
Service code 10 · EIN 58-0942047 | Accounting | $11,500 |
Filed as: WILBANKS, SMITH & THOMAS, LLC Service code 26 · EIN 54-2005153 | Advisory (Participants) | $9,797 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $207,560 | $88,324+135.0% | $115,037+80.4% | $55,191+276.1% |
| Participation rate | 66.1% | 72.5%-6.4pp | 81.4%-15.2pp | 69.2%-3.0pp |
| Annual return | 0.31% | 6.30%-6.0pp | 26.14%-25.8pp | 10.78%-10.5pp |
| Employer contribution / active EE | $7,091 | $2,805+152.8% | $4,608+53.9% | $1,899+273.4% |
| Participant deferral / active EE | $4,634 | $5,042-8.1% | $6,026-23.1% | $3,046+52.1% |
| Admin fee / account holder | $358 | $105+240.0% | $8,175-95.6% | $91+294.7% |