Filed March 31, 2016 (most recent of 2 filings on file)
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 8-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 Service code 15 · EIN 94-1347393 | Recordkeeping | $386,941 |
Service code 16 · EIN 94-3253397 | Consulting | $93,141 |
NEWPORT GROUP, INC.4+ years Filed as: THE NEWPORT GROUP Service code 16 · EIN 59-3099288 | Consulting | $54,434 |
SAMET & COMPANY PC4+ years Service code 10 · EIN 04-3027605 | Accounting | $24,500 |
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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $47,037 | $71,505-34.2% | $123,544-61.9% | $73,367-35.9% |
| Participation rate | 14.8% | 64.9%-50.1pp | 82.3%-67.5pp | 69.5%-54.7pp |
| Annual return | -3.53% | 6.94%-10.5pp | 119.20%-122.7pp | 173.45%-177.0pp |
| Employer contribution / active EE | $183 | $2,011-90.9% | $4,628-96.1% | $2,499-92.7% |
| Participant deferral / active EE | $855 | $4,928-82.7% | $6,426-86.7% | $4,033-78.8% |
| Admin fee / account holder | $79 | $66+20.5% | $9,284-99.1% | $68+16.2% |