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.2 years Filed as: WELLS FARGO ADVISORS LLC Service code 27 401 S TRYON ST 11TH FL D1050-111 · CHARLOTTE, NC 28081 | Advisory (Plan) | $45,326 |
AMERICAN FUNDS2 years Filed as: CAPITAL RESEARCH AND MANAGEMENT COM Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071 | Recordkeeping Fees | $14,980 |
JULY BUSINESS SERVICES2 years Service code 13 PO BOX 2208 · WACO, TN 76703 | Contract Administrator | $1,000 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $85,141 | $56,972+49.4% | $182,532-53.4% | $65,185+30.6% |
| Participation rate | 74.8% | 66.5%+8.2pp | 78.0%-3.2pp | 70.2%+4.6pp |
| Annual return | 22.60% | 27.67%-5.1pp | 148.54%-125.9pp | 29.38%-6.8pp |
| Employer contribution / active EE | $1,781 | $1,615+10.3% | $4,076-56.3% | $2,177-18.2% |
| Participant deferral / active EE | $4,988 | $3,526+41.5% | $5,524-9.7% | $3,514+42.0% |
| Admin fee / account holder | $451 | $528-14.5% | $8,592-94.7% | $847-46.7% |