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 |
|---|---|---|
NATIONWIDE6+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $88,164 |
Service code 37 · EIN 35-0145825 | Loan Processing | $1,387 |
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS LLC Service code 49 NC1409 · CHARLOTTE, NC 282881207 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant 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.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $43,844 | $100,801-56.5% | $149,696-70.7% | $73,409-40.3% |
| Participation rate | 39.9% | 77.7%-37.8pp | 82.5%-42.5pp | 72.2%-32.2pp |
| Annual return | 8.56% | 265.34%-256.8pp | 276.60%-268.0pp | 59.29%-50.7pp |
| Employer contribution / active EE | $722 | $3,312-78.2% | $4,644-84.5% | $2,234-67.7% |
| Participant deferral / active EE | $1,999 | $6,404-68.8% | $6,842-70.8% | $3,805-47.5% |
| Admin fee / account holder | $630 | $181+248.3% | $9,309-93.2% | $158+298.9% |