Filed June 29, 2022
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 Service code 26 10 CADILLAC DRIVE SUITE 300 · BRENTWOOD, TN 37027 | Advisory (Participants) | $165,454 |
NEWPORT GROUP, INC.1 year Service code 15 · EIN 27-2037969 | Recordkeeping | $73,536 |
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 | $89,978 | $36,916+143.7% | $156,549-42.5% | $57,658+56.1% |
| Participation rate | 96.0% | 63.4%+32.6pp | 84.0%+12.0pp | 70.2%+25.8pp |
| Annual return | 10.33% | 12.38%-2.1pp | 32.23%-21.9pp | 5.13%+5.2pp |
| Employer contribution / active EE | $6,146 | $1,571+291.3% | $5,501+11.7% | $1,974+211.4% |
| Participant deferral / active EE | $3,800 | $1,926+97.3% | $4,871-22.0% | $3,061+24.2% |
| Admin fee / account holder | $268 | $82+224.6% | $13,027-97.9% | $95+183.3% |