Filed April 16, 2003 (most recent of 8 filings on file)
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.4 years Filed as: WELLS FARGO BANK, NA Service code 15 · EIN 94-1347393 | Recordkeeping | $225,642 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $185,305 | $127,218+45.7% | $392,568-52.8% | $77,787+138.2% |
| Participation rate | 67.4% | 82.0%-14.6pp | 78.1%-10.6pp | 73.2%-5.8pp |
| Annual return | -0.66% | 25.27%-25.9pp | 24.42%-25.1pp | 32.57%-33.2pp |
| Employer contribution / active EE | $4,989 | $3,064+62.8% | $3,783+31.9% | $2,504+99.2% |
| Participant deferral / active EE | $5,186 | $4,820+7.6% | $5,985-13.3% | $3,967+30.7% |
| Admin fee / account holder | $174 | $89+95.3% | $6,260-97.2% | $100+73.7% |