Filed November 12, 2020
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
WELLS FARGO BANK, N.A.3 years Filed as: WELLS FARGO ADVISORS, LLC Service code 27 401 S TRYON ST · CHARLOTTE, NC 28081 | Advisory (Plan) | $22,514 |
AMERICAN FUNDS4 years Filed as: CAPITAL GROUP Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618 | Recordkeeping Fees | $1,100 |
Service code 13 P.O. BOX 804319 · BATON ROUGE, LA 70898 | Contract Administrator | $420 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $77,873 | $104,475-25.5% | $159,436-51.2% | $79,386-1.9% |
| Participation rate | 59.1% | 76.6%-17.5pp | 82.8%-23.7pp | 70.7%-11.6pp |
| Annual return | 17.23% | 67.95%-50.7pp | 263.57%-246.3pp | 116.85%-99.6pp |
| Employer contribution / active EE | $2,719 | $3,417-20.4% | $4,829-43.7% | $2,427+12.0% |
| Participant deferral / active EE | $5,406 | $6,467-16.4% | $7,352-26.5% | $4,046+33.6% |
| Admin fee / account holder | $171 | $711-75.9% | $10,799-98.4% | $626-72.7% |