Filed November 12, 2020
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 |
|---|---|---|
Service code 13 · EIN 35-1140070 | Contract Administrator | $20,945 |
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS LLC Service code 27 401 S TRYON ST · CHARLOTTE, NC 28081 | Advisory (Plan) | $17,609 |
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618 | Recordkeeping Fees | $488 |
EMPLOYEE FIDUCIARY, LLC1 year Filed as: EMPLOYEE PLAN COMPLIANCE CO OF LA Service code 13 6555 PERKINS RD SUITE 400 · BATON ROUGE, LA 70808 | Contract Administrator | $289 |
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 | $76,408 | $91,407-16.4% | $135,903-43.8% | $71,457+6.9% |
| Participation rate | 61.9% | 75.7%-13.7pp | 81.9%-20.0pp | 67.9%-6.0pp |
| Annual return | 17.05% | 29.90%-12.8pp | 68.23%-51.2pp | 28.85%-11.8pp |
| Employer contribution / active EE | $3,642 | $3,703-1.6% | $4,856-25.0% | $2,588+40.8% |
| Participant deferral / active EE | $6,231 | $7,092-12.1% | $7,758-19.7% | $4,289+45.3% |
| Admin fee / account holder | $251 | $1,266-80.2% | $10,762-97.7% | $1,587-84.2% |