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.5+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $103,248 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $84,736 | $74,347+14.0% | $93,606-9.5% | $67,579+25.4% |
| Participation rate | 65.6% | 80.6%-15.0pp | 75.8%-10.3pp | 71.3%-5.7pp |
| Annual return | 20.06% | 28.07%-8.0pp | 32.76%-12.7pp | 378.56%-358.5pp |
| Employer contribution / active EE | $620 | $2,583-76.0% | $2,718-77.2% | $2,148-71.2% |
| Participant deferral / active EE | $3,235 | $4,060-20.3% | $4,069-20.5% | $3,539-8.6% |
| Admin fee / account holder | $319 | $123+159.8% | $7,888-96.0% | $142+124.0% |