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 9-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 BANK, N.A Service code 15 · EIN 94-1347393 | Recordkeeping | $143,619 |
Service code 64 · EIN 71-0294708 | Recordkeeping Fees | $49,971 |
Filed as: ROYAL ALLIANCE ASSOCIATES, INC Service code 55 | Other Commissions | $35,539 |
Filed as: ROYAL ALLIANCE ASSOCIATES, INC. Service code 55 10 EXCHANGE PL STE 1410 · JERSEY CITY, NJ 07302 | Other Commissions | $0 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,293 | $43,466+4.2% | $90,951-50.2% | $90,288-49.8% |
| Participation rate | 38.9% | 62.5%-23.5pp | 69.0%-30.1pp | 73.4%-34.4pp |
| Annual return | 20.63% | 25.26%-4.6pp | 134.60%-114.0pp | 53.97%-33.3pp |
| Employer contribution / active EE | $84 | $840-90.0% | $2,122-96.0% | $2,524-96.7% |
| Participant deferral / active EE | $2,375 | $2,138+11.1% | $3,373-29.6% | $4,232-43.9% |
| Admin fee / account holder | $184 | $92+100.0% | $5,959-96.9% | $114+61.0% |