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 Service code 15 · EIN 34-1542819 | Recordkeeping | $6,403 |
ADP BROKER-DEALER4+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $23,390 | $44,873-47.9% | $79,464-70.6% | $56,287-58.4% |
| Participation rate | 39.2% | 68.7%-29.6pp | 73.3%-34.2pp | 69.9%-30.7pp |
| Annual return | -1.36% | 0.81%-2.2pp | 718.14%-719.5pp | -9.96%+8.6pp |
| Employer contribution / active EE | $687 | $2,140-67.9% | $2,800-75.5% | $2,111-67.5% |
| Participant deferral / active EE | $1,453 | $2,746-47.1% | $3,704-60.8% | $3,350-56.6% |
| Admin fee / account holder | $56 | $418-86.7% | $5,113-98.9% | $521-89.3% |