Filed June 28, 2006 (most recent of 2 filings on file)
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 year Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 55 · EIN 23-2384840 | Other Commissions | $5,145 |
Service code 37 · EIN 04-2647786 | Loan Processing | $1,563 |
Employer 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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $18,160 | $53,925-66.3% | $75,670-76.0% | $69,631-73.9% |
| Participation rate | 76.5% | 71.2%+5.3pp | 72.3%+4.1pp | 70.7%+5.8pp |
| Annual return | 18.22% | 17.84%+0.4pp | 27.34%-9.1pp | 27571.02%-27552.8pp |
| Employer contribution / active EE | $291 | $1,802-83.9% | $2,352-87.6% | $2,032-85.7% |
| Participant deferral / active EE | $1,975 | $2,569-23.1% | $3,142-37.1% | $3,224-38.7% |
| Admin fee / account holder | $7 | $97-93.1% | $5,800-99.9% | $110-93.9% |