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.7 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 55 · EIN 23-2384840 | Other Commissions | $24,549 |
Service code 37 · EIN 04-2647786 | Loan Processing | $7,891 |
Participant 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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,939 | $100,227-57.2% | $169,993-74.7% | $74,419-42.3% |
| Participation rate | 91.8% | 87.3%+4.4pp | 87.0%+4.8pp | 70.7%+21.0pp |
| Annual return | 31.51% | 66.08%-34.6pp | 53.37%-21.9pp | 34.38%-2.9pp |
| Employer contribution / active EE | $1,905 | $4,263-55.3% | $6,785-71.9% | $2,637-27.8% |
| Participant deferral / active EE | $2,607 | $7,143-63.5% | $10,408-75.0% | $4,528-42.4% |
| Admin fee / account holder | $27 | $234-88.3% | $12,815-99.8% | $348-92.1% |