Filed September 9, 2024
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.2 years Filed as: WELLS FARGO ADVISORS LLC Service code 27 401 S TRYON ST 11TH FL D1050-111 · CHARLOTTE, NC 28081 | Advisory (Plan) | $38,674 |
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $33,686 |
Filed as: ADVISED ASSETS GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $1,857 |
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.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $25,217 | $78,275-67.8% | $109,143-76.9% | $86,799-70.9% |
| Participation rate | 79.7% | 73.8%+5.9pp | 75.9%+3.8pp | 72.3%+7.4pp |
| Annual return | 13.59% | 19.14%-5.6pp | 25.75%-12.2pp | 97.91%-84.3pp |
| Employer contribution / active EE | $448 | $3,105-85.6% | $3,722-88.0% | $2,405-81.4% |
| Participant deferral / active EE | $2,347 | $3,641-35.5% | $4,653-49.6% | $4,131-43.2% |
| Admin fee / account holder | $144 | $198-27.2% | $6,752-97.9% | $170-14.8% |