Filed January 5, 2013
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.7+ years Filed as: WELLS FARGO ADVISORS Service code 27 · EIN 23-2384840 | Advisory (Plan) | $19,361 |
ASCENSUS LLC4 years Service code 15 · EIN 11-3665754 | Recordkeeping | $11,186 |
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $92,586 | $77,660+19.2% | $109,143-15.2% | $79,386+16.6% |
| Participation rate | 48.1% | 67.8%-19.7pp | 75.9%-27.8pp | 70.7%-22.7pp |
| Annual return | 15.46% | 23.44%-8.0pp | 25.75%-10.3pp | 116.85%-101.4pp |
| Employer contribution / active EE | $171 | $2,797-93.9% | $3,722-95.4% | $2,427-93.0% |
| Participant deferral / active EE | $1,820 | $3,518-48.3% | $4,653-60.9% | $4,046-55.0% |
| Admin fee / account holder | $332 | $732-54.7% | $6,752-95.1% | $626-47.0% |