Filed November 21, 2014
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.6 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 55 · EIN 23-2384840 | Other Commissions | $21,200 |
Service code 37 · EIN 04-2647786 | Loan Processing | $6,063 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $35,752 | $102,553-65.1% | $151,611-76.4% | $66,914-46.6% |
| Participation rate | 88.8% | 85.5%+3.3pp | 87.5%+1.3pp | 69.8%+19.0pp |
| Annual return | -8.50% | -10.82%+2.3pp | 3.33%-11.8pp | 1.58%-10.1pp |
| Employer contribution / active EE | $1,480 | $4,180-64.6% | $6,166-76.0% | $2,544-41.8% |
| Participant deferral / active EE | $2,261 | $6,641-66.0% | $8,363-73.0% | $4,237-46.6% |
| Admin fee / account holder | $25 | $630-96.1% | $11,616-99.8% | $593-95.9% |