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 Service code 15 · EIN 94-1347393 | Recordkeeping | $214,230 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,709 | $105,190-70.8% | $98,907-69.0% | $90,288-66.0% |
| Participation rate | 49.4% | 86.4%-36.9pp | 76.0%-26.6pp | 73.4%-23.9pp |
| Annual return | 14.48% | 18.52%-4.0pp | 196.43%-182.0pp | 53.97%-39.5pp |
| Employer contribution / active EE | $1,400 | $3,831-63.4% | $2,689-47.9% | $2,524-44.5% |
| Participant deferral / active EE | $665 | $5,616-88.2% | $4,244-84.3% | $4,232-84.3% |
| Admin fee / account holder | $91 | $97-6.6% | $6,642-98.6% | $114-20.3% |