Filed November 30, 2012
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.4+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $7,983 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $46,390 | $41,467+11.9% | $67,313-31.1% | $55,725-16.8% |
| Participation rate | 45.1% | 62.5%-17.4pp | 69.1%-24.0pp | 70.9%-25.8pp |
| Annual return | -1.67% | 0.82%-2.5pp | -4.08%+2.4pp | 244.93%-246.6pp |
| Employer contribution / active EE | $130 | $1,316-90.1% | $2,566-94.9% | $2,078-93.8% |
| Participant deferral / active EE | $1,891 | $2,399-21.2% | $3,568-47.0% | $3,356-43.6% |
| Admin fee / account holder | $33 | $102-67.9% | $4,507-99.3% | $115-71.6% |